Honeywell Automation India posted a Q2 net profit of ₹134 crore, up 12% YoY, on revenue of ₹1,224 crore, rising 6.5% over the same period last year.
EBITDA climbed 17.8% to ₹155 crore, lifting the operating margin to 12.7% from 11.5% in Q2 2025. Bloomberg analysts had forecast a 10% profit jump, so the actual beat was above expectations.
Shares finished 0.66% higher at ₹31.45, up ₹205 on the day. The lift is modest compared to the sector's 2.3% average gain, according to MarketWatch.
CEO Rajiv Gupta said the firm expects continued revenue growth as demand for industrial automation stays strong. Guidance for Q3 will be announced on May 15, with analysts anticipating a 6% YoY revenue rise.