Automotive component major Bosch Limited cashed in on aggressive festive production runs across India's assembly lines this quarter. Consolidated net profit reached ₹840 crore for the second quarter of FY27—a 19 percent rise over the prior-year period—driven by broad-based volume uptake across commercial and passenger vehicle segments. Revenue from operations leaped 28.2 percent to ₹7,655 crore, up from ₹5,969 crore in the corresponding quarter of the previous financial year. Total consolidated income touched ₹7,752 crore after factoring in other income of ₹97 crore.
But scale comes with heavier operational overhead. Total consolidated expenses climbed to ₹6,760 crore from ₹5,258 crore a year ago, reflecting higher production activity and the consolidation of Bosch Chassis Systems India, which was acquired as a wholly-owned subsidiary during the quarter. Profit before exceptional items and tax stood at ₹992 crore, before climbing to ₹1,120 crore with extraordinary accounting adjustments factored in.
A one-off policy shift provided an immediate cushion to pre-tax earnings. The company booked an exceptional gain of ₹130 crore on a consolidated level and ₹124 crore on standalone accounts. That gain stemmed from the reversal of provisions for long-term service awards, following management's decision to discontinue service recognition benefits for managerial staff effective January 1, 2027.
On an isolated standalone basis, Bosch logged operational revenue of ₹6,164 crore, up 28.6 percent from ₹4,795 crore in the corresponding quarter of the previous fiscal year. Standalone net profit landed at ₹675 crore. Yet sequential performance revealed margin compression. While standalone revenue stepped up from ₹5,842 crore in Q1 FY27, operational expenses rose from ₹5,129 crore to ₹5,476 crore. That cost increase pulled standalone profit before exceptional items down from ₹939 crore in the first quarter to ₹778 crore.
| Financial Metric (Consolidated) | Q2 FY27 (₹ Crore) | Q2 FY26 (₹ Crore) | Growth (YoY) |
|---|---|---|---|
| Revenue from Operations | 7,655 | 5,969 | +28.2% |
| Total Expenses | 6,760 | 5,258 | +28.6% |
| Profit Before Tax (Pre-Exceptional) | 992 | — | — |
| Net Profit After Tax | 840 | — |
Factory runs stayed disciplined amid the autumn order rush. "This quarter, our performance was driven by steady demand across all vehicle segments and positive market momentum due to the ongoing festive season," said Guruprasad Mudlapur, Managing Director of Bosch Limited.
To close the quarter, the board cleared a major capital restructuring targeted at retail liquidity. Directors approved the sub-division of each existing equity share of face value ₹10 into five equity shares of face value ₹2 each. Following the split, the company will issue three fully paid-up bonus equity shares of ₹2 each for every single share held, subject to final shareholder approval.
| +19% |