Bosch posts 7.5% net sales growth
Bosch posted net sales and income from operations of Rs 2,532 crore in the first quarter (April-June) of the financial year 2015-16, registering a 7.5 per cent increase over the same period of the previous year. Overall, the Mobility Solutions business of Bosch grew by 5.3 per cent in April-June 2015 over the corresponding quarter of 2014. The Gasoline Systems division continued its good performance to register double-digit growth in the first quarter. The growth of the Diesel Systems division was in line with the Indian automotive industry in spite of a weak tractor market. The other business divisions registered an overall growth of 24.4 per cent - especially the Energy business, Packaging Technology and Security Technology grew strongly.