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Bosch Q4 net up 67.89 pc

Auto component maker Bosch Ltd said its net profit rose by 67.89 per cent to Rs 158.19 crore for the fourth quarter ended December 31,2009.

Auto component maker Bosch Ltd today said its net profit rose by 67.89 per cent to Rs 158.19 crore for the fourth quarter ended December 31,2009.

Total income of the company rose to Rs 1,454.18 crore for the December quarter,against Rs 1,045.78 crore for the same period last year,Bosch said in a filing to the Bombay Stock Exchange (BSE).

For the year ended December 31,2009,the company posted a net profit of Rs 590.65 crore against Rs 633.87 crore a year ago.

The company has recommended a dividend of Rs 30 per share for the year 2009.

Shares of Bosch were trading at Rs 4,808 on the BSE,down 0.33 per cent from previous close.

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