Bosch Q1 net up 26% at Rs 326 crore

Auto component maker Bosch today posted a 25.60% rise in its net profit at Rs 326.29 crore for the first quarter ended March 31, 2014.

The company had posted a net profit of Rs 259.77 crore in the same period of the previous fiscal.

Net sales of the company rose to Rs 2,431.41 crore during the first quarter, as compared to Rs 2,193.60 crore in the same period a year ago, Bosch Ltd said in a BSE filing.

The company follows January-December financial year.

Bosch shares were trading at Rs 10,480 apiece on the BSE, up 0.55% from its previous close.