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Bosch Ltd, a leading supplier of technology and services, has posted a net profit of ₹305 crore during the second quarter of 2015-16, which was nearly flat on account of an increase in the corporate tax rate. Net sales and income from operations grew 5.7 per cent to ₹2,598 crore. “Bosch registered overall moderate growth in the second quarter of the current financial year. Our business divisions in the mobility solutions sector as well as our divisions beyond that developed equally well,” said Steffen Berns, Managing Director. The mobility solutions business sector grew 5.2 percent in the quarter July-September 2015 over the corresponding quarter of 2014.
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