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This is an archive article published on April 29, 2013

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

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

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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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