Bosch's India unit falls as higher costs, weaker margins weigh on earnings

BOSCH

21/05/2026 06:19

** Shares of Bosch Ltd BOSH.NS fall about 4% to 35,295 rupees

** Stock on track for biggest intraday pct loss since August 5, 2024

** Motilal Oswal says higher depreciation and lower other income offset strong operating performance, leading profit to miss estimates

** Says gross margins contracted 280 bps y/y due to higher input costs, weaker product mix

** Auto components maker reported 2.7% y/y rise in Q4 profit, while revenue grew 13% year-on-year

** YTD stock up 0.29%

($1 = 96.2150 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))