Bosch has reported results for the first quarter ended March 31, 2013
The company has reported a fall of 22.66% in its net profit at Rs 25.97 crore for the quarter ended March 31, 2013 as compared to Rs 33.58 crore for the same quarter in the previous year. Total income of the company has decreased by 2.77% at Rs 2296.75 crore for quarter under review as compared to Rs 2362.28 crore for the quarter ended March 31, 2012.
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.
