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Bosch reports 10% fall in Q4 net profit

Bosch has reported results for fourth quarter and year ended March 31, 2017.

The company has reported a fall of 10.22% in its net profit after taxes and share of profit of associates at Rs 440.47 crore for the quarter ended March 31, 2017 as compared to Rs 490.60 crore for the same quarter in the previous year. However, total income from operations of the company increased by 3.14% at Rs 2780.20 crore for quarter under review as compared to Rs 2695.43 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has posted a rise of 13.70% in its net profit at Rs 1741.12 crore as compared to Rs 1531.34 crore in FY16. Total income of company increased by 7.67% at Rs 11242.56 crore for year under review as compared to Rs 10441.90 crore for the year ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 13.48% in its net profit at Rs 1740.23 crore as compared to Rs 1533.55 crore in the previous year. Total income of the company increased by 7.67% at Rs 11242.56 crore for year under review as compared to Rs 10441.90 crore for the year ended March 31, 2016.

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