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Bosch reports 50% fall in Q2 net profit

10 Nov 2017 Evaluate

Bosch has reported results for second quarter ended September 30, 2017.

The company has reported 49.79 % fall in its net profit at Rs 353.34 crore for the quarter ended September 30, 2017 as compared to Rs 703.74 crore for the same quarter in the previous year. The total income of the company decreased by 2.84% at Rs 2940.88 crore for Q2FY18 as compared Rs 3026.96 crore for the corresponding quarter previous year.

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

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