Honeywell Automation India Ltd announced the resignation of Chief Financial Officer (CFO) Pulkit Goyal, effective April 30, 2026. The Board of Directors accepted his resignation during its February 2 meeting, acknowledging his contributions. The move comes as Honeywell reported Q3 FY26 revenue growth of 7.1% despite an 8.2% profit decline.
Honeywell Automation India Ltd has confirmed that Pulkit Goyal, its Chief Financial Officer and Key Managerial Personnel, has resigned from his role. His resignation will take effect from the close of business hours on April 30, 2026. The Board formally accepted his decision at its meeting held on February 2, 2026, and placed on record its appreciation for his contributions.
The announcement coincides with Honeywell’s latest quarterly results, where the company reported Q3 FY26 revenue of ₹1,168.7 crore, up 7.1% year-on-year, but net profit fell 8.2% to ₹121 crore due to margin pressures. Despite this, shares closed 2% higher at ₹33,610, reflecting investor confidence in the company’s long-term outlook.
Major Takeaways
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Leadership change: CFO Pulkit Goyal resigns, effective April 30, 2026.
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Board response: Contributions acknowledged; succession planning expected.
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Financial performance: Q3 FY26 revenue up 7.1% YoY to ₹1,168.7 crore.
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Profit impact: Net profit down 8.2% to ₹121 crore.
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Market reaction: Shares closed 2% higher despite profit decline.
Honeywell Automation India’s leadership transition comes at a pivotal time, as the company continues to balance growth in revenues with margin challenges, while investors remain optimistic about its long-term digital automation and industrial solutions strategy.
Sources: CNBC TV18, InvestyWise, Economic Times