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Bosch Q1 result: Net profit declines 36.8% to ₹704.9 cr on high base effect
Technology and services company Bosch Ltd on Monday reported a 36.8 per cent decline in consolidated net profit to Rs 704.9 crore in the first quarter ended June 30, impacted by a high base effect. The company had posted a consolidated net profit of Rs 1,115.3 crore in the corresponding quarter of the last fiscal, Bosch Ltd said in a regulatory filing. In the first quarter of the last fiscal, the company had recognised a total gain of Rs 556 crore on sale of its video solutions, access and intr…
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