Bosch disclosed a sharp drop in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 11.90% to Rs 2,874.50 million from Rs 3,262.90 million in the same quarter previous year.
Revenues for the quarter declined marginally 2.25% to Rs 23,888.60 million, compared with Rs 24,439.70 million for the prior year period.
Earnings per share for the quarter stood at Rs 91.50, registering 11.93% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 23,888.60 | 24,439.70 | (2.25) |
| Net Profit | 2,874.50 | 3,262.90 | (11.90) |
| Diluted EPS | 91.50 | 103.90 | (11.93) |
Shares of the company gained Rs 615.5, or 2.67%, to settle at Rs 23,655.30. The total volume of shares traded was 8,520 at the BSE (Friday).
