Bosch posts Q2 Net at Rs 353.34 cr

The company had posted a standalone net profit of Rs 703.74 crore in the same period last financial year

Bosch posts Q2 Net at Rs 353.34 cr
Press Trust of India New Delhi
Last Updated : Nov 10 2017 | 3:36 PM IST
Auto components major Bosch Ltd on Friday reported a standalone net profit of Rs 353.34 crore for the second quarter ended September 30.

The company had posted a standalone net profit of Rs 703.74 crore in the same period last fiscal, Bosch Ltd said in a BSE filing.

The company said in the year-ago period it had recorded a profit before tax of Rs 365.26 crore from the sale of its starter motors and generators business.

Also Read

Revenue from operations during the quarter under review was at Rs 2,811.85 crore. It was Rs 2,837.96 crore in the year-ago period. The figures are not comparable due to GST implementation in July, it added.

In the second quarter the automotives business had revenue of Rs 2,420.51 crore as against Rs 2,453 crore in the year-ago period.

Revenue from other business segment was at Rs 397.97 crore as compared to Rs 386.97 crore in the year-ago quarter, the company said.

Shares of Bosch Ltd were trading at Rs 20,635 a piece in the afternoon trade, down 2.22 per cent from the previous close on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 10 2017 | 3:36 PM IST

Next Story