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Bosch Limited reported a strong financial performance for the first quarter of FY25-26, with revenue from operations increasing by 10.9% year-on-year (YoY) and Profit After Tax (PAT) more than doubling. The company witnessed robust growth across key mobility segments, while also registering significant efficiency gains.
Revenue from operations rose to ₹47,886 million, up 10.9% YoY
EBITDA grew by 23% YoY to ₹6,393 million
Profit After Tax (PAT) stood at ₹11,154 million, marking a 139.6% YoY increase
Mobility business saw 14.3% YoY growth
2-Wheeler segment posted 75.4% YoY growth
Energy & Building Technology segment declined by 65.3% YoY
Bosch Limited reported solid growth across multiple parameters in Q1 FY25-26 compared to the same period last year and showed resilience in the face of quarter-on-quarter (QoQ) headwinds in certain verticals.
Metric | Q1 FY24 (₹ million) | Q1 FY25 (₹ million) | YoY % Change | QoQ % Change |
Revenue from Operations | 43,168 | 47,886 | +10.9% | -2.5% |
EBITDA | 5,197 | 6,393 | +23% | -1.2% |
PAT | 4,655 | 11,154 | +139.6% | +101.5% |
The EBITDA margin improvement was largely due to revenue growth and a reduction in material costs, while the surge in PAT was boosted by profit from the sale of Bosch’s video solutions, access, intrusion, and communication systems business.
Bosch’s performance varied across its three primary business segments: Mobility Solutions, Consumer Goods, and Energy & Building Technology.
Mobility Solutions
Revenue increased 14.3% YoY and 5.2% QoQ
Growth was driven by:
Power Solutions: +13.7% YoY
Mobility Aftermarket: +5.2% YoY
2-Wheeler segment: +75.4% YoY and +39.2% QoQ
Consumer Goods
Revenue rose 9.3% YoY
However, it saw a 20.3% decline QoQ
Energy & Building Technology
Significant revenue decline of 65.3% YoY and 64.7% QoQ
Impacted overall revenue and profitability on a sequential basis
The Indian automotive industry experienced a mixed quarter, shaped by several macro and regulatory factors:
Strong YoY growth was supported by early monsoons boosting tractor sales and pre-buying in the heavy commercial vehicle (HCV) segment due to the new air-conditioning mandate.
Electric vehicle (EV) momentum also contributed positively, especially in the 3-wheeler segment.
However, passenger car (PC) growth was moderate amid geopolitical headwinds, and light commercial vehicles (LCVs) saw subdued performance due to rising competition from 3-wheelers.
Bosch’s mobility-related businesses aligned well with these sectoral trends, outperforming in the two-wheeler and powertrain segments. On the other hand, the Energy & Building Technology segment’s significant contraction was contrary to expectations and brought down the consolidated quarterly momentum.
Bosch highlighted its continuous efforts toward advancing electric mobility and enhancing powertrain technologies. The leadership underscored several initiatives and developments:
Collaboration with Indian OEMs for EV technologies, including Vehicle Control Units (VCU) and electric coolant pumps
Continued rollouts of Bosch technologies in new vehicle models, reinforcing its position as a leading technology partner in India
Strong progress in Power Solutions, particularly in the areas of Engine Control Units, Fuel Injectors, Lambda Sensors, and Pressure Sensors
Management also acknowledged the extraordinary PAT growth, attributing it to operational improvements and strategic divestitures in non-core areas.
Source: Q1 FY25-26 Quarterly Results uploaded on 5th August, 2025, on BSE.
For a complete overview of all upcoming and past earnings reports, check the Quarterly Results Calendar 2025.
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