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Bosch delivered robust Q1 results with revenue climbing 22.0% year-on-year to approximately ₹5,842 Cr. EBITDA also saw strong growth, up 28.0% year-on-year to about ₹818 Cr, driven by revenue growth and cost optimization. Profit After Tax (PAT) declined 37.1% year-on-year to ₹702 Cr, largely due to an exceptional gain reported in the previous year from the BT business sale.
Growth was primarily led by Mobility Solutions, which surged 25.7% year-on-year, with Power Solutions up 29.0%, Mobility Aftermarket up 9.6%, and the 2-Wheeler segment soaring 41.4%. The Powertrain division notably outperformed the overall market. Consumer Goods also reported a 20.9% year-on-year increase.
Bosch's strategy includes adapting to upcoming vehicle emission and safety standards. Recent developments include integrating Bosch safety systems into a leading electric motorcycle and new product launches in Mobility Aftermarket like the Tulix LED range. The company continues its focus on meeting market demands and minimizing production disruptions, while Power Tools aims for cordless conversion and market expansion.