Page 2 - Bosch

Bosch's potential Whirlpool buy could boost firm's presence in India

German multinational firm Bosch is considering a multi-billion-dollar acquisition of American white goods manufacturer Whirlpool

Bosch joins the elite group of companies with mcap of Rs 1 trillion

With Tuesday's gain, the stock has recovered by 25 per cent from its low of Rs 27,500 on June 4

Bosch market cap crosses Rs 1 trillion; stock hits new high, gains 6%

At 11:13 am; with Rs 1.0 trillion market capitalisation, Bosch was trading 5 per cent higher at Rs 33,918.

Q4 showing, valuations to keep auto component major Bosch under stress

A weak tractor demand dented growth, even as revenue, operating profit, and adjusted net profit rose 4 per cent, 7 per cent and 42 per cent year-on-year (Y-o-Y)

Bosch soars 5% on strong Q4 results; up 45% in last 6 months

Bosch's net profit rose 41.5 per cent on a year-on-year (Y-o-Y) basis to Rs 564 crore, from Rs 399 crore in the same quarter a year ago (Q4FY23)

Bosch Q4 results: Net profit rises 42% to Rs 564 crore, revenue up 4.2%

Bosch Q4 FY24 results: The board recommended a final dividend of Rs 170 per equity share of Rs 10 each. The final dividend, if declared, will be paid on or after August 13, 2024

Q4 results today: Hindalco and Bosch among 252 firms to post earnings

Company Q4 FY24 results today: Ashok Leyland and Zee Media Corporation are among some of the major companies to release their earnings report for the fourth quarter ending on March 31, 2024

Zydus Lifesciences, Hero Motocorp, NHPC, Bosch in line for largecap upgrade

The Association of Mutual Funds in India (Amfi) announced a revised list of largecap, midcap and smallcap stocks biannually (January and July)

Bosch Q3 results: Profit up 62% driven by high sales in automotive segment

Overall product sales of the automotive segment have increased by 16.8 per cent compared to the same quarter of the previous year

No material catalysts visible for re-rating of Bosch stock: Motilal Oswal

One way that the company can improve margins is by increasing the localisation content

Bosch Ltd to increase manufacturing in India to pare component import

The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components

Bosch's net profit increases by 14% at Rs 399 cr in March quarter

Auto components major Bosch has reported a 14 per cent increase in its consolidated net profit at Rs 399 crore for the fourth quarter ended March 2023. The company posted a net profit of Rs 350 crore in the January-March quarter of 2021-22. Its revenue from operations rose to Rs 4,063 crore in the fourth quarter against Rs 3,311 crore in the year-ago period, Bosch Ltd said in a late-night regulatory filing on Wednesday. For the year ended March 2023, the company posted a consolidated net profit of Rs 1,424 crore as against Rs 1,217 crore in FY22. The revenue from operations increased to Rs 14,929 crore in FY23 from Rs 11,781 crore in FY22. "2022 was a historic year as we celebrated 100 years of Bosch in India and at the same time it was a year replete with challenges in the market. Despite all odds, we concluded the year with strong performance and positive revenue growth," Bosch Ltd Managing Director Soumitra Bhattacharya said. This was primarily fuelled by the solid recovery i

Bosch to acquire TSI Semiconductors, invest $1.5 bn in California foundry

The world's biggest auto-parts supplier plans to retool and modernize TSI's Roseville site with a target to start producing silicon carbide chips there from 2026, Bosch said Wednesday

New guidelines, higher M&HCV demand to drive gains for Bosch stock

Strong volume growth in its core segments of M&HCV/tractors should help keep the sales trajectory elevated

Guruprasad Mudlapur appointed as Managing Director of Bosch Group in India

Auto components major Bosch Ltd on Wednesday announced leadership changes with Guruprasad Mudlapur appointed as its Managing Director, and President of the Bosch Group in India with effect from July 1, 2023. He will succeed Soumitra Bhattacharya who will be retiring from Bosch India effective June 30, 2023, after 28 years of service in various capacities, the company said in a regulatory filing. Further, Bosch said from July 1, 2023, Sandeep Nelamangala, currently, Executive Director at Bosch Ltd and Executive Vice-President, Mobility Solutions at Bosch India, will be appointed as Joint Managing Director of Bosch Ltd. Mudlapur will be responsible for the strategic growth and overall performance of the business in the region. At the same time, he will continue to be chief technology officer for Bosch Ltd, it added. He has more than 15 years of experience in the Bosch Group and has held various positions in engineering and business management. Most recently, he was joint managing ...

R&D: An inside job

For innovation to power economic growth, Indian industry must raise its investment in in-house R&D five-fold

Bosch's India unit reports 36% jump in profits, warns of "challenging 2023"

Bosch Ltd, the Indian unit of German automotive supplier Bosch, on Tuesday warned of a "challenging 2023" amid growing fears of recession, after reporting a 36% jump in third-quarter profit.

Bosch, Uno Minda: Analysts bet on airbag makers on govt push for car safety

Implementation of airbags in other vehicle segments over the medium term will offer further revenue upside for airbag manufacturers, as per rating agency ICRA

Bosch Global Software Technologies inaugurates smart campus in Hyderabad

Bosch Global Software Technologies(BGSW) on Wednesday inaugurated its new smart campus here to strengthen its software-centric product innovations. The Centre of Excellence is a technology and innovation R&D hub focused on automotive engineering and digital enterprise, BGSW said in a statement. BGSW has two facilities already operational with a professional workforce of about 1,500 associates in Hyderabad. To consolidate their operations, they will be moving into the new state-of-the-art 1.5 lakh square feet facility, and plan to build the workforce talent in automotive engineering and digital enterprise, it said. The company aims to raise the workforce at the centre to 3,000 professionals by 2025, it said. In the automotive engineering domain, the facility will work on classical powertrain, automotive steering, e-mobility, cross domain computing (ADAS, autonomous driving), active and passive safety, and digital cockpit systems. On the digital enterprise front, it will focus on ..

Bosch reports net profit flat at Rs 372.4 crore for September quarter

Auto component major Bosch on Tuesday reported a flat consolidated net profit of Rs 372.4 crore for the second quarter ended September 30. The company had posted a net profit of Rs 372 crore in the July-September quarter of the previous fiscal. Its revenue from operations rose to Rs 3,662 crore for the period under review compared to Rs 2,918 crore in the same period last fiscal. "The surge in demand on the back of the continued recovery of the automotive market has contributed to a strong performance this quarter. We have witnessed robust topline growth, posting consistent profits over a low base in the same quarter of the previous year," Bosch Ltd Managing Director Soumitra Bhattacharya stated. Although semiconductor supplies have eased out relatively, the supply chain ecosystem itself continues to remain fragile, he added. "Despite these uncertainties, including rising input costs, we expect to build on the strong performance of this quarter," Bhattacharya noted.