Bosch's India unit posts quarterly profit rise on strong auto parts, electronics demand

BOSCH

20/05/2026 13:58

May 20 (Reuters) - Bosch Ltd BOSH.NS, the Indian unit of German auto supplier Robert Bosch, posted a nearly 3% rise in fourth-quarter profit on Wednesday, driven by robust demand for auto parts and consumer electronics.

Bosch reported net profit of 5.69 billion rupees ($58.77 million) in the quarter ended March, up from 5.54 billion rupees a year earlier.

Revenue from operations rose 13% to 55.66 billion rupees, while total expenses climbed 12%, led by near 29% growth in cost of materials used.

India's passenger vehicle, two-wheeler and commercial vehicle sales rose strongly year-on-year in March, helping close the financial year on a firm note, supported by sustained momentum from tax cuts that improved affordability, an auto dealers body said last month.

Bosch is India's top auto parts maker by market cap, manufacturing components and accessories for cars, two-wheelers and railway systems, among other sectors.

Its automotive segment, which contributes to the bulk of its total revenue, grew 17% to 48.75 billion rupees.

"Strong growth in automotive volumes, led by passenger cars and tractors, helped drive fiscal 2025-26 performance, despite ongoing supply chain challenges," Managing Director Guruprasad Mudlapur said, adding that investments in e-mobility and technology would support future growth.

($1 = 96.8200 Indian rupees)

 (Reporting by Devika Nair in Bengaluru; Editing by Harikrishnan Nair)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))