Bosch Q2 net up 21.85% at Rs 306.68 crore

Auto component maker Bosch on Monday posted a 21.85% in its net profit at Rs 306.68 crore for the quarter ended June 30, 2014. The company had posted a net profit of Rs 251.68 crore in the same period of the previous fiscal.

Auto component maker Bosch on Monday posted a 21.85% in its net profit at Rs 306.68 crore for the quarter ended June 30, 2014.

The company had posted a net profit of Rs 251.68 crore in the same period of the previous fiscal.

Net sales of the company rose 3.61% to Rs 2,354.61 crore during the second quarter, as compared to Rs 2,272.49 crore in the same period a year ago, Bosch Ltd said in a BSE filing.

The company follows the January-December financial year.

Overall expenses during the quarter increased 1.15% to Rs 2,052.24 crore, as against Rs 2,028.74 crore in the same period a year ago.

Bosch shares were trading at Rs 13,772 apiece on the BSE, up 1.63% from its previous close.