Bosch posts 23% fall in net profit in Jan-Mar
Net income during January-March quarter also went down by 3.82% to Rs 2,207.45 crore from Rs 2,295.14 crore in the year-ago period.
By PTI | Updated:
NEW DELHI: Auto components maker Bosch on Monday reported 22.65 per cent decline in its net profit for the quarter ended March 31 at Rs 259.77 crore.
The company had posted a net profit of Rs 335.82 crore in the corresponding period last year, Bosch said in a filing to the BSE.
The net income during January-March quarter also went down by 3.82 per cent to Rs 2,207.45 crore from Rs 2,295.14 crore in the year-ago period, it added.
Shares of Bosch on Monday closed trading 0.37 per cent down at Rs 8,994.55 apiece on BSE.
The company had posted a net profit of Rs 335.82 crore in the corresponding period last year, Bosch said in a filing to the BSE.
The net income during January-March quarter also went down by 3.82 per cent to Rs 2,207.45 crore from Rs 2,295.14 crore in the year-ago period, it added.
Shares of Bosch on Monday closed trading 0.37 per cent down at Rs 8,994.55 apiece on BSE.
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