Bosch India Q1 Profit Falls Nearly 37% to Rs 706 Cr

The company’s operating performance remained robust. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 28.4 per cent to Rs 821.1 crore from Rs 639.3 crore in the year-ago quarter. EBITDA margin improved to 14.1 per cent from 13.4 per cent.

Following the earnings announcement, Bosch shares ended the day at Rs 43,085 on the BSE, up 0.31 per cent or Rs 135. Over the past five trading sessions the stock has gained nearly 5 per cent, while it has risen about 3 per cent in the last month. Over the past six months it has advanced more than 21 per cent.

Bosch India is one of the country’s leading technology and services companies, operating through 12 group companies under the Bosch umbrella. Headquartered in Bengaluru, it has a significant presence in mobility solutions, software and engineering services, consumer goods and energy-related businesses.

Mobility solutions remain the company’s largest business segment, encompassing diesel and gasoline systems, two-wheeler technologies, and steering and chassis systems. Bosch also operates one of its largest development centres outside Germany through its software and engineering services arm, serving both global and domestic clients.

Founded in 1951 and backed by Germany’s Robert Bosch GmbH, the company employs around 38,000 associates across its manufacturing facilities, research centres and software operations in India.

The results reflect a quarter in which top-line expansion and operating-margin improvement continued even as net profit declined sharply from the high base of the previous year.