STOCK MARKETIndia"Honeywell Automation India's Q2 Profit Falls on Sluggish Demand"

“Honeywell Automation India’s Q2 Profit Falls on Sluggish Demand”

Asia / Pacific


“Honeywell Automation India’s Q2 Profit Falls on Sluggish Demand”


• The company’s Q2 profit fell due to sluggish demand.
• The company’s Q2 revenue fell by a total of Rs. 5.5 billion, a decrease of 0.50% from the previous year.
• The company’s Q2 revenue was boosted by the emergence of new technologies and the emergence of new markets.
• The company’s Q2 revenue was also boosted by the launch of new products and services.
• The company’s Q2 profit was impacted by the slowdown in demand for its products and services.
• The company’s Q2 revenue was also affected by the impact of the COVID-19 pandemic on its operations.