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Bosch reports marginal fall in Q2 net profit

09 Nov 2022 Evaluate

Bosch has reported results for second quarter ended September 30, 2022.

The company has reported a marginal fall of 0.11% in its net profit at Rs 372.40 crore for the quarter under review as compared to Rs 372.00 crore for the same quarter in the previous year. However, total income of the company increased by 25.28% at Rs 3811.30 crore for Q2FY23 as compared Rs 3042.30 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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