Wednesday, 25 May 2016

Bosch Q4 net profit rises 30.8% to Rs.376 crore

The company's total income is Rs.2,816.3 crore for the quarter ended March 31, 2016 where as the same was at Rs. 2,521 crore for the quarter ended March 31, 2015.

Bosch Ltd.Bosch Ltd has announced the following results for the quarter & year ended March 31, 2016.

The company has posted a net profit of Rs.376 crore for the quarter ended March 31, 2016 where as the same was at Rs.287.4 crore for the quarter ended March 31, 2015.  The company's total income is Rs.2,816.3 crore for the quarter ended March 31, 2016 where as the same was at Rs. 2,521 crore for the quarter ended March 31, 2015.

The audited standalone results for the Year ended March 31, 2016.

The company has posted a net profit of Rs.1245.9 crore for the year ended March 31, 2016. Total Income is Rs.10995.4 crore for the year ended March 31, 2016


The audited consolidated results for the year ended March 31, 2016

The Group has posted a net profit after taxes and share of profit of associates of Rs.12481.20 million for the year ended March 31, 2016. Total Income is Rs.109953.90 million for the year ended March 31, 2016.

Stock commentary:

Bosch Ltd is currently trading at Rs. 21950, up by Rs. 722.7 or 3.4% from its previous closing of Rs. 21227.3 on the BSE.

The scrip opened at Rs. 21404.85 and has touched a high and low of Rs. 22133.95 and Rs. 21309.3 respectively. So far 23290(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 66653.72 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26701 on 11-Aug-2015 and a 52 week low of Rs. 15752.65 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 21600 and Rs. 20550 respectively.

The promoters holding in the company stood at 71.18 % while Institutions and Non-Institutions held 19.32 % and 9.5 % respectively.

The stock is currently trading above its 200 DMA.

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