Bosch Q4 net profit jumps to ₹482 crore
The Hindu
‘Second wave delays sector’s recovery’
Auto parts maker Bosch Ltd. on Thursday posted a sixfold jump in Q4 net profit to ₹482 crore from ₹81 crore in the year-earlier period. Net profit for FY21 stood at ₹482.5 crore as against ₹649.8 crore in the previous year, a decline of 26%. Total revenue from operations stood at ₹971.8 crore, a decline of 1.3% compared with the previous fiscal. In Q4, the company reported total a revenue of ₹321.8 crore, an increase of 43.8% compared with the year-earlier period.
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