Bosch Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024
November 12, 2024 at 05:08 am EST
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Bosch Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 43,943 million compared to INR 41,301 million a year ago. Revenue was INR 46,032 million compared to INR 42,843 million a year ago. Net income was INR 5,367 million compared to INR 9,998 million a year ago. Basic earnings per share from continuing operations was INR 181.99 compared to INR 339.02 a year ago. Diluted earnings per share from continuing operations was INR 181.99 compared to INR 339.02 a year ago.
For the six months, sales was INR 87,111 million compared to INR 82,885 million a year ago. Revenue was INR 90,992 million compared to INR 86,301 million a year ago. Net income was INR 10,030 million compared to INR 14,091 million a year ago. Basic earnings per share from continuing operations was INR 340.08 compared to INR 477.81 a year ago. Diluted earnings per share from continuing operations was INR 340.08 compared to INR 477.81 a year ago.
Bosch is an industrial group that is organized around two product families:
- automotive components and accessories (85.3% of net sales): injection systems, chassis control systems, propulsion systems, generators, mechatronic components and systems, multimedia systems, etc.;
- other (14.7%): mass market products (electric tools and appliances), Industrial equipment (control and industrial automation systems, packaging systems, etc.), and building solutions (heating systems, detection, access control, video surveillance and intrusion detection systems, etc.). In addition, the group offers solar energy solutions.
At the end of March 2018, Bosch has 8 production sites located in India.