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Honeywell Automation India reported an 8.3% decline in third-quarter profit due to rising expenses, despite a 7% increase in revenue from operations to 11.69 billion rupees. The profit was further impacted by a one-time charge related to new labor codes, while total expenses rose by 7.6%, primarily driven by increased employee benefits. The company's stock closed 2% higher at 33,610 rupees ahead of the earnings report.