May 20 (Reuters) – Bosch Ltd, the Indian unit of German auto supplier Robert Bosch, posted a nearly 3% rise in fourth-quarter profit on Wednesday, driven by robust demand for auto parts and consumer electronics.
• Bosch reported net profit of 5.69 billion rupees ($58.77 million) in the quarter ended March, up from 5.54 billion rupees a year earlier.
• Revenue from operations rose 13% to 55.66 billion rupees, while total expenses climbed 12%, led by near 29% growth in cost of materials used.
• India’s passenger vehicle, two-wheeler and commercial vehicle sales rose strongly year-on-year in March, helping close the financial year on a firm note, supported by sustained momentum from tax cuts that improved affordability, an auto dealers body said last month.
• Bosch is India’s top auto parts maker by market cap, manufacturing components and accessories for cars, two-wheelers and railway systems, among other sectors.
• Its automotive segment, which contributes to the bulk of its total revenue, grew 17% to 48.75 billion rupees.
• “Strong growth in automotive volumes, led by passenger cars and tractors, helped drive fiscal 2025-26 performance, despite ongoing supply chain challenges,” Managing Director Guruprasad Mudlapur said, adding that investments in e-mobility and technology would support future growth.
($1 = 96.8200 Indian rupees)
(Reporting by Devika Nair in Bengaluru; Editing by Harikrishnan Nair)
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