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Bosch reports marginal growth in Q1 net profit

12 Aug 2016 Evaluate

Bosch has reported results for first quarter ended June 30, 2016.

The company has registered marginal growth of 0.80% in its net profit at Rs 378.72 crore for the quarter as compared to Rs 375.71 crore for the same quarter in the previous year. Total income of the company increased by 10.50% at Rs 2698.43 crore for quarter under review as compared to Rs 2441.93 crore for the quarter ended June 30, 2015.

Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.

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