Bosch

Bosch, the world's biggest car parts supplier, said it is planning to cut 3,500 jobs by end-2027 in its cross-domain computer solutions division

Auto components firm Bosch on Tuesday said its consolidated net profit declined 46 per cent on-year to Rs 536 crore in the September 2024 quarter. The company reported a net profit of Rs 1,000 crore in the July-September quarter of last fiscal. Revenue from operations increased to Rs 4,394 crore in the second quarter as compared with Rs 4,130 crore in the year-ago period, Bosch Ltd said in a regulatory filing. "Despite unpredictable rainfall and several macroeconomic factors affecting the automotive industry's overall performance this quarter, we showcased our capacity to adapt to changing market demands and provide high-quality solutions that align with our customers' needs," Bosch Ltd Managing Director Guruprasad Mudlapur said. The company anticipates sustained demand across segments driven by the festive period in the next quarter, he added. Coupled with investments in advanced technologies and a strong commitment to localisation, the company will continue to deepen its efforts

Q2 results today, November 12: General Insurance, Zydus, and Bosch will release their Q2FY25 results

Auto components maker Bosch on Tuesday said its consolidated profit after tax rose 14 per cent to Rs 466 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax of Rs 409 crore in the April-June quarter of last fiscal. Total income rose to Rs 4,496 crore for the period under review as compared with Rs 4,346 crore in the year-ago period, Bosch Ltd said in a regulatory filing. "The financial year commenced with moderate growth in the automotive market despite the challenges of a high base from the previous year, a slowdown related to elections and the summer heatwaves," Bosch Ltd Managing Director Guruprasad Mudlapur said. Continued demand in the passenger car segment, coupled with growth in production and wholesale, resulted in growth for the company in the first quarter, he added. "However, retail sales have remained sluggish leading to a rise in the pipeline inventory. Despite the challenges, the overall sentiment in the automotive sector rema

German multinational firm Bosch is considering a multi-billion-dollar acquisition of American white goods manufacturer Whirlpool

With Tuesday's gain, the stock has recovered by 25 per cent from its low of Rs 27,500 on June 4

At 11:13 am; with Rs 1.0 trillion market capitalisation, Bosch was trading 5 per cent higher at Rs 33,918.

A weak tractor demand dented growth, even as revenue, operating profit, and adjusted net profit rose 4 per cent, 7 per cent and 42 per cent year-on-year (Y-o-Y)

Bosch's net profit rose 41.5 per cent on a year-on-year (Y-o-Y) basis to Rs 564 crore, from Rs 399 crore in the same quarter a year ago (Q4FY23)

Bosch Q4 FY24 results: The board recommended a final dividend of Rs 170 per equity share of Rs 10 each. The final dividend, if declared, will be paid on or after August 13, 2024

Company Q4 FY24 results today: Ashok Leyland and Zee Media Corporation are among some of the major companies to release their earnings report for the fourth quarter ending on March 31, 2024

The Association of Mutual Funds in India (Amfi) announced a revised list of largecap, midcap and smallcap stocks biannually (January and July)

Overall product sales of the automotive segment have increased by 16.8 per cent compared to the same quarter of the previous year

One way that the company can improve margins is by increasing the localisation content

The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components

Auto components major Bosch has reported a 14 per cent increase in its consolidated net profit at Rs 399 crore for the fourth quarter ended March 2023. The company posted a net profit of Rs 350 crore in the January-March quarter of 2021-22. Its revenue from operations rose to Rs 4,063 crore in the fourth quarter against Rs 3,311 crore in the year-ago period, Bosch Ltd said in a late-night regulatory filing on Wednesday. For the year ended March 2023, the company posted a consolidated net profit of Rs 1,424 crore as against Rs 1,217 crore in FY22. The revenue from operations increased to Rs 14,929 crore in FY23 from Rs 11,781 crore in FY22. "2022 was a historic year as we celebrated 100 years of Bosch in India and at the same time it was a year replete with challenges in the market. Despite all odds, we concluded the year with strong performance and positive revenue growth," Bosch Ltd Managing Director Soumitra Bhattacharya said. This was primarily fuelled by the solid recovery i

The world's biggest auto-parts supplier plans to retool and modernize TSI's Roseville site with a target to start producing silicon carbide chips there from 2026, Bosch said Wednesday

Strong volume growth in its core segments of M&HCV/tractors should help keep the sales trajectory elevated

Auto components major Bosch Ltd on Wednesday announced leadership changes with Guruprasad Mudlapur appointed as its Managing Director, and President of the Bosch Group in India with effect from July 1, 2023. He will succeed Soumitra Bhattacharya who will be retiring from Bosch India effective June 30, 2023, after 28 years of service in various capacities, the company said in a regulatory filing. Further, Bosch said from July 1, 2023, Sandeep Nelamangala, currently, Executive Director at Bosch Ltd and Executive Vice-President, Mobility Solutions at Bosch India, will be appointed as Joint Managing Director of Bosch Ltd. Mudlapur will be responsible for the strategic growth and overall performance of the business in the region. At the same time, he will continue to be chief technology officer for Bosch Ltd, it added. He has more than 15 years of experience in the Bosch Group and has held various positions in engineering and business management. Most recently, he was joint managing ...

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