Bosch reports 32% rise in Q2 net profit

Bosch has reported unaudited results for the second quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 rose by 32.04% at Rs 276.93 crore as compared to Rs 209.73 crore for the corresponding quarter last year. Its income from operation has grown by 20.83% at Rs 2059.26 crore for the quarter under review from Rs 1704.25 crore for the same quarter last year.

Bosch is India’s largest auto component manufacturer and also one of the largest Indo-German company in India. Bosch has a strong nationwide service network which spans across 1,000 towns and cities with over 4,000 authorized representations to ensure widespread availability of both products and services.