Bosch Limited reports a 37% drop in first-quarter profit after tax, mainly due to a one-off gain from last year, but revenue grows 22%, driven by mobility-related businesses and resilient domestic demand in India’s automotive sector.
Bosch Limited reported a 37% fall in first-quarter profit after tax to ₹701 crore for the April-June period, but the company said the drop mainly reflected a one-off gain booked a year earlier from the sale of part of its building technologies business. On a sequential basis, profit rose 23% from ₹568 crore in the previous quarter.
Revenue from operations climbed 22% year on year to ₹5,841 crore, with Bosch saying growth was led by its mobility-related businesses. Power Solutions rose 29%, the mobility aftermarket unit advanced 9.6% and the two-wheeler powersports business surged 41.4%. Consumer goods sales also increased 20.9% from a year earlier, although they fell 15.7% from the previous quarter.
EBITDA, a measure of operating earnings before interest, tax, depreciation and amortisation, increased 28% to ₹818 crore from ₹639 crore a year earlier. Bosch said the improvement came from higher revenue and tighter cost control. The company’s profit before tax was also affected by the earlier exceptional gain, which had lifted the comparable period last year.
Bosch said India’s automotive market remained resilient in the quarter, supported by domestic demand and a favourable base, even as geopolitical tensions in West Asia weighed on sentiment. The company said automotive production volumes rose 19% year on year, with passenger vehicles up 17% and two-wheelers up 22%.
Bosch India managing director Guruprasad Mudlapur said the business was benefiting from sustained demand across segments, especially passenger cars and commercial vehicles, and from stronger sales in key product categories. He added that the industry is shifting towards safer, cleaner and more personalised vehicles, and said Bosch is positioning itself with future-ready products.
Looking ahead, the company said it remains focused on upcoming automotive rules, including CAFE Phase 3 and advanced driver assistance system requirements for commercial vehicles, while continuing to expand its mobility, aftermarket and power tools businesses. Bosch shares ended the session at ₹43,085, up 0.31%.
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