Bosch reported a 12 per cent decrease in consolidated net profit of Rs 458 crore as compared to a profit of Rs 518 crore a year ago
Auto components maker Bosch on Tuesday said its consolidated net profit declined by 12 per cent to Rs 458 crore for the third quarter ended December 31, 2024. The company had reported a net profit of Rs 518 crore in the October-December period of the last fiscal. Its revenue from operations rose to Rs 4,466 crore for the third quarter compared to Rs 4,205 crore in the year-ago period, Bosch said in a regulatory filing. "This quarter, Bosch generated growth through the development of advanced automotive components and customer-focused solutions. Increased service income from major OEMs testifies to their continued trust in us and our expertise," Bosch Ltd MD Guruprasad Mudlapur said. The performance further reinstates the company's strategic ability to stay cognizant of market needs and deliver successfully, he added. As part of the realignment of its Building Technologies division globally, the company said it will be carving out and transferring the Video, Access and Intrusion, a
Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.
The surge in Bosch share price came on the back of strong operational performance in the September quarter of financial year 2025 (Q2FY25)
Auto components firm Bosch on Tuesday said its consolidated net profit declined 46 per cent on-year to Rs 536 crore in the September 2024 quarter. The company reported a net profit of Rs 1,000 crore in the July-September quarter of last fiscal. Revenue from operations increased to Rs 4,394 crore in the second quarter as compared with Rs 4,130 crore in the year-ago period, Bosch Ltd said in a regulatory filing. "Despite unpredictable rainfall and several macroeconomic factors affecting the automotive industry's overall performance this quarter, we showcased our capacity to adapt to changing market demands and provide high-quality solutions that align with our customers' needs," Bosch Ltd Managing Director Guruprasad Mudlapur said. The company anticipates sustained demand across segments driven by the festive period in the next quarter, he added. Coupled with investments in advanced technologies and a strong commitment to localisation, the company will continue to deepen its efforts
Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.