InvestorQ : What was the reason for the sharp fall in fourth quarter profits of Bosch Ltd?
Rashi Mehra made post

What was the reason for the sharp fall in fourth quarter profits of Bosch Ltd?

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vidhya Laxmi answered.
1 year ago
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The fall in profits was clearly led by a slowdown in the automotive sector. Net profit fell over 80% to Rs.81 crore while total revenues fell by 18% to Rs.2237 crore. It also provided Rs.297 crore for asset impairment due to upgrade in emission norms to BS-VI standards. Bosch also made a provision of Rs.717 crore towards restructuring initiatives.

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