Now Reading: Bosch Q1 profit falls 37% on high base; revenue up 22%
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Bosch Q1 profit falls 37% on high base; revenue up 22%
Bosch’s net profit for the first quarter of FY27 skidded 37% year-on-year to Rs 702 crore, dragged by a high base from the same quarter last year, NDTV Profit reports. Revenue, however,…
The Story in Brief
Bosch’s net profit for the first quarter of FY27 skidded 37% year-on-year to Rs 702 crore, dragged by a high base from the same quarter last year, NDTV Profit reports. Revenue, however, rose 22% and crossed Rs 5,800 crore, while EBITDA jumped 28%, pointing to stronger operating performance in core businesses.
The profit drop is entirely a base-effect story. The previous year’s quarter included exceptional gains, making the current comparison look weak even as the underlying business is growing. Management will detail segmental performance in the earnings call.
The Indian Opinion
The 37% profit skid is headline bait, but anyone who looks past the base effect sees a company growing revenue and EBITDA double digits. The lazy narrative is to call this a slowdown; the numbers say otherwise. The real test is the next quarter, when the base normalises. If profit growth tracks revenue growth, this blip is exactly what management says it is.
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
