MoneyWorks4Me

Bosch reports over 23% fall in Q1 net profit

29 Apr 2013 Evaluate

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.

Peers
Company Name CMP
SamvardhanaMotherson 152.90
Tube Investments 2220.00
Bosch 43490.00
UNO Minda 1110.00
Bombay Burmah Trdg. 1221.10
View more..