Bosch has reported results for the first quarter ended March 31, 2014
The company has posted a rise of 25.60% in its net profit at Rs 326.29 crore for the quarter ended March 31, 2013 as compared to Rs 259.77 crore for the same quarter in the previous year. Total income of the company has increased by 12.82% at Rs 2592.75 crore for quarter under review as compared to Rs 2297.97 crore for the quarter ended March 31, 2013.
Bosch is a major player in the diesel segment and 60% of its sales come from diesel segment. It is also among the larger suppliers of common rail direct injection (CRDI) systems in India. The company buys half of the components required for the CRDI systems (by value) locally.
