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Bosch registers 14.1% growth in total revenue

By Niranjan Mudholkar,

Added 05 February 2018

PAT for the period from continuing operations increased by 30.9 percent

bosch

Bosch Limited’s Mobility Solutions businesses grew by 17.8 percent and outperformed the automotive market . Pic for representation only

Bosch Limited, a leading supplier of technology and services, posted revenue from operations of INR 3,072 crores in Quarter 3 of FY 2017-18, registering a 14.1 percent increase over the same period of the previous year on a comparable basis. The total revenue from operations increased by 9.2 percent over the period July-September 2017.

In this reporting period, Profit Before Tax (PBT) stood at INR 423 crores, a growth of 41.4 percent. This positive result was achieved on account of higher sales volume, improvement in material and personnel cost. However, the net Profit After Tax (PAT) from continuing operations increased by 30.9 percent mainly due to marginal increase in effective tax rate.

The company’s income from operations of INR 8,532 crores during the period April-December 2017 grew by 8.4 percent over the same period of previous year.

The Profit Before Tax (PBT) during the period April-December 2017 at INR 1,411 crores declined marginally by 1.5 percent compared to the same period of the previous year mainly due to lower non-operating income. Net profit from continuing operations stood at INR 937 crores for the same period. Net profit for previous year period April-December 2016 included income from sale of the Starter Motors & Generators Business.

(Continued on the next page)

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