Bosch Limited, a leading provider of technology and services, reported total revenue from operations of INR 4,466 crores (495 million euros) for Q3 of FY 2024–25, reflecting a 6.2% increase compared to the same quarter last year. This growth was primarily driven by higher service income from the development of automotive components for major OEMs.
The Profit Before Tax (excluding exceptional items) was INR 665 crores (74 million euros), representing 14.9% of total revenue from operations—an 8.6% increase over the same quarter last year. Including exceptional items, Profit Before Tax stood at INR 618 crores (69 million euros), accounting for 13.8% of total revenue. During the quarter, Bosch Limited allocated INR 47 crores for restructuring to enhance competitiveness in the emerging electro-mobility segment. Profit After Tax (including exceptional items) amounted to INR 458 crores (51 million euros), equating to 10.3% of total revenue.
“This quarter, Bosch Limited remained committed to innovation and technology, developing customer-centric solutions. Despite a challenging environment, the Mobility Aftermarket and Beyond Mobility divisions achieved significant growth, contributing to overall double-digit profitability. This performance reinforces our strategic agility in responding to market demands,” said Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director of Bosch Limited.
Q3 Performance Summary – Bosch Limited
- Automotive Segment: Overall product sales grew by 1.6% YoY. However, the Power Solutions business (71% of automotive sales) declined by 1.8%, mainly due to reduced demand in the Heavy Commercial Vehicles (HCV) segment amid an economic slowdown.
- Mobility Aftermarket: Increased market demand for diesel systems, automotive batteries, and lubricants drove an 8.8% YoY growth.
- Beyond Mobility: Net sales rose 1.5% YoY, supported by continued growth in the Power Tools segment.
- Strategic Business Realignment: Bosch Limited will transfer its Video, Access, Intrusion, and Communication Systems business to Keenfinity India Pvt. Ltd., a subsidiary of Bosch Security Systems B.V. Nederland, for no less than INR 595 crores, following Board approval.
- Industry Outlook: Reflecting on the Bharat Mobility Global Expo, Bosch highlighted its diverse portfolio spanning hardware, software, and services. Looking ahead, the company remains optimistic about growth, with a focus on emerging technologies and stakeholder collaboration.
 at 10.3% of total revenue.){kind=link}