Photo: Aniruddha Chowdhury/ MintNew Delhi: Auto components major Bosch Ltd on Monday reported a 28.78% increase in its net profit at Rs281 crore for the quarter ended December 2017, on account of higher income. The company had posted a net profit of Rs218.19 crore during the same period of the previous fiscal, Bosch Ltd said in a regulatory filing. It was Rs3,027.15 crore in the corresponding quarter of the last fiscal. “Bosch is offering the right technologies to shape the future while also taking care of the core businesses,” Bosch Ltd managing director Soumitra Bhattacharya said. Key performing division was the gasoline systems business, which registered an impressive growth of 37.1%, it added.

Source: Mint February 05, 2018 11:03 UTC