Tuesday, June 18, 2019
News

Bosch India net down quarterly, up yearly

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bengaluru | Wednesday, 2019 4:45:05 AM IST
German auto component behemoth Bosch India on Tuesday reported Rs 412 crore net profit for the fourth quarter of fiscal 2018-19, registering 5 per cent annual decline from Rs 434 crore in the same period of 2017-18.

For the fiscal, net profit, however, grew 16.6 per cent yearly to Rs 1,598 crore from Rs 1,371 crore in 2017-18.

Net profit at Rs 412 crore for the quarter grew 23 per cent sequentially from Rs 335 crore in the third quarter.

Standalone operating profit for the quarter under review declined 22 per cent annually to Rs 562 crore from Rs 724 crore in the same period a year ago but increased 14.5 per cent sequentially from Rs 490 crore last quarter.

Standalone revenue from operations for the quarter at Rs 2,749 crore decreased 13 per cent lower to Rs 2,749 crore from Rs 3,158 crore a year ago and 11 per cent sequentially from Rs 3,096 crore a quarter ago.

Operating profit for the fiscal grew 9.7 per cent yearly to Rs 2,341 crore from Rs 2,135 crore in the previous fiscal.

Revenue from operations for the fiscal under review grew 3.5 per cent yearly to Rs 12,258 crore from Rs 11,872 crore in the previous fiscal.

--IANS fb/vd

( 218 Words)

2019-05-21-22:54:04 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Jet Airways hits all-time low, stock plu...
Circular economy can generate 1.4 crore ...
Equities trade volatile, Jet stocks slid...
Lenders to begin insolvency proceedings ...
IndiGo places $20 billion LEAP-1A engine...
India to address concerns on e-commerce ...
More...
 
INDIA WORLD ASIA
Sonia Gandhi chairs meeting to chalk out...
Twitter suspends pro-Khalistan activist ...
Suspected IED defused near a school in M...
Senior police officer breaks down carryi...
AIIMS RDA calls off strike, insists on t...
Rajnath, Army Chief to pay homage to Arm...
More...    
 
 Top Stories
Agartala airport to be 3rd internat... 
Congress meets at Sonia's house to ... 
Qureshi, Pompeo discuss bilateral t... 
We don't want thieves in our party:... 
Calm your muscles at workplace with... 
Farmer attempted suicide before Mah... 
Owaisi replies 'Allahu Akbar' as MP... 
Centre will make all efforts to hel...