Bosch's net profit dips 20 per cent to Rs 111 crore in October-December quarter
The company had reported a profit of Rs 138.98 crore in the corresponding period of previous fiscal, Bosch Ltd said in a filing to the BSE.
By PTI | Updated:
NEW DELHI: Auto component manufacturer, Bosch Ltd today reported 20.21 per cent decline in its net profit at Rs 110.88 crore for the quarter ended December 2014.
The company had reported a profit of Rs 138.98 crore in the corresponding period of previous fiscal, Bosch Ltd said in a filing to the BSE.
Net sales of the company during the quarter rose to Rs 2,331.47 crore as against Rs 2,061.89 crore in same period of previous fiscal.
The company said that workers at its Bengaluru plant were on strike from September 16 to December 8, 2014.
Bosch shares closed 1.81 per cent down at Rs 24,905.20 apiece on the BSE.
The company had reported a profit of Rs 138.98 crore in the corresponding period of previous fiscal, Bosch Ltd said in a filing to the BSE.
Net sales of the company during the quarter rose to Rs 2,331.47 crore as against Rs 2,061.89 crore in same period of previous fiscal.
The company said that workers at its Bengaluru plant were on strike from September 16 to December 8, 2014.
Bosch shares closed 1.81 per cent down at Rs 24,905.20 apiece on the BSE.
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