Bosch has reported results for third quarter ended December 31, 2016.
The company has reported 19.94% fall in its net profit at Rs 218.19 crore for the quarter ended December 31, 2016 as compared to Rs 272.53 crore for the same quarter in the previous year. However, total income of the company increased by 8.13% at Rs 3027.15 crore for the quarter under review as compared Rs 2799.64 crore for the corresponding quarter previous year.
Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.