Bosch posts 23% fall in net profit in Jan-Mar

Apr 29 2013, 17:09 IST
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SummaryShares of Bosch closed trading 0.37 per cent down at Rs 8,994.55 apiece on BSE.

Auto components maker Bosch today reported 22.65 per cent decline in its net profit for the quarter ended March 31 at Rs 259.77 crore.

The company had posted a net profit of Rs 335.82 crore in the corresponding period last year, Bosch said in a filing to the BSE.

The net income during January-March quarter also went down by 3.82 per cent to Rs 2,207.45 crore from Rs 2,295.14 crore in the year-ago period, it added.

Shares of Bosch today closed trading 0.37 per cent down at Rs 8,994.55 apiece on BSE.

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