Electric equipment and products maker Honeywell Automation India today said its net profit rose 16.76% to Rs 26.60 crore in the second quarter ended June 30.
The company had net profit of Rs 22.78 crore in the same quarter last fiscal, Honeywell Automation India said in a filing with the Bombay Stock Exchange (BSE).
Net income of the company increased to Rs 347.71 crore in the quarter under review from Rs 331.67 crore, it said.
For the six-month period ended June 30, 2011, net profit jumped up to Rs 58.41 cr from Rs 53.47 crore in the half-yearly period previous year.
Net income increased to Rs 699.18 crore in the six-month period under review from Rs 610.34 crore during the same period last fiscal.
Shares of the company closed at Rs 2,748, marginally up from the previous close on the BSE.
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