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Bosch reports 19% rise in Q2 net profit

Bosch reports 19% rise in Q2 net profit

Bosch has reported results for second quarter ended September 30, 2018.

The company has reported 18.86% rise in its net profit at Rs 419.99 crore for the quarter under review as compared to Rs 353.34 crore for the same quarter in the previous year. Total income of the company increased by 13.59% at Rs 3,340.62 crore for Q2FY19 as compared Rs 2,940.88 crore for the corresponding quarter previous year.

Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.

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