Bosch has reported results for second quarter ended June 30, 2014.
The company’s net profit for the quarter has surged 21.85% at Rs 306.68 crore as compared to Rs 251.68 crore for the quarter ended June 30, 2013. Its total income has increased by 4.05% to Rs 2492.19 crore for the quarter under review from Rs 2395.10 crore for the corresponding quarter of the previous year
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.
