Bosch Q3 net profit down 30%
Agencies: New Delhi, Nov 06 2012, 15:48 IST
Auto component major Bosch today reported 29.59 per cent decline in net profit for the third quarter ended September 30 at Rs 202.84 crore.
The company had posted a net profit of Rs 288.10 crore in the corresponding period last year.
The company follows a January-December financial year.
The net income during third quarter 2012, however, went up by 3.02 per cent to Rs 2,051.67 crore from Rs 1,991.45 crore in the year-ago period, Bosch said in a filing to the BSE.
Shares of Bosch were trading 0.23 per cent down at Rs 8,881.15 apiece on the BSE during the afternoon trade.
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