Bosch India posts strong September quarter profits ₹840cr, revenue ₹7,655cr
Business
Bosch India just posted a strong September quarter, with profits up 19% to ₹840 crore and revenue rising 28.2% to ₹7,655 crore.
The big boost came from surging demand in the automotive sector and bringing Bosch Chassis Systems India into its results.
Bosch automotive sales rise nearly 30%
Automotive sales shot up nearly 30%, with Power Solutions and Vehicle Motion leading the charge.
Even two-wheeler sales grew by almost 18%, helped by festive season buzz.
Beyond cars, Bosch's mobility aftermarket business rose 13.2%, while its Power Tools-driven "Beyond Mobility" segment jumped an impressive 24%.
All in all, Bosch's diverse lineup is paying off across the board.