Bosch Ltd posted net sales and income from operations of Rs 2,532 crore in the first quarter (April-June) of the financial year 2015-16, registering a 7.5 per cent increase over the same period of the previous year. Profit before tax (PBT) increased by 17.8 per cent and stood at Rs 516 crore. Profit after tax (PAT) stood at Rs 344 crore, an increase of 12.1 per cent. This was due to lower depreciation, higher treasury income and control on budgetary expenses.
Overall, the Mobility Solutions business of Bosch grew by 5.3 per cent in the quarter April-June 2015 over the corresponding quarter of 2014. The Gasoline Systems division continued its good performance to register strong double-digit growth
in the first quarter.
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