Bosch Limited announced its financial results for Q2 FY27, posting a consolidated net profit of Rs. 840 crores on a total revenue from operations of Rs. 7,655 crores.
The consolidated revenue from operations increased by 28.2 percent compared to Rs. 5,969 crores in the corresponding quarter of the previous financial year. Total consolidated income, which includes other income of Rs. 97 crores, stood at Rs. 7,752 crores.
Total consolidated expenses for the quarter amounted to Rs. 6,760 crores, up from Rs. 5,258 crores in the same period last year.
Consolidated profit before exceptional items and tax stood at Rs. 992 crores, while profit before tax including exceptional items reached Rs. 1,120 crores. The results incorporate the performance of Bosch Chassis Systems India following its acquisition as a wholly-owned subsidiary during the quarter.
On a standalone basis, Bosch Limited reported revenue from operations of Rs. 6,164 crores for Q2 FY27, representing a 28.6 percent increase from Rs. 4,795 crores in the corresponding quarter of the previous year.
Standalone total income stood at Rs. 6,254 crores, incorporating other income of Rs. 89 crores. Standalone expenses for the quarter totaled Rs. 5,476 crores compared to Rs. 4,274 crores in the prior-year period.
Standalone profit before exceptional items and tax was reported at Rs. 778 crores, with standalone profit after tax standing at Rs. 675 crores.
Sequential comparisons indicate that standalone revenue from operations grew from Rs. 5,842 crores in Q1 FY27, while total expenses shifted from Rs. 5,129 crores, resulting in a sequential decline in profit before exceptional items and tax from Rs. 939 crores.
The company recorded an exceptional gain of Rs. 130 crores on a consolidated basis (Rs. 124 crores standalone) driven by the reversal of provisions for long-term service awards following a decision to discontinue employee benefits towards service recognition for managerial staff effective January 1, 2027.
Guruprasad Mudlapur, Managing Director of Bosch Limited, stated, "This quarter, our performance was driven by steady demand across all vehicle segments and positive market momentum due to the ongoing festive season."
Alongside the financial performance, the Board of Directors approved corporate actions subject to shareholder approval, including a sub-division of existing equity shares of face value Rs. 10 each into five equity shares of face value Rs. 2 each, followed by a bonus issue of three fully paid-up equity shares of Rs. 2 each for every one fully paid-up equity share held.