Bosch Ltd.‘s revenues in Q2FY23 rose 26% to ₹ 36,616 millions. Consolidated Profit After Tax came at ₹ 3,724 millions showcasing a 0.1% rise YoY over the corresponding period.
In this quarter’s investor presentation, the reports suggested that the firm’s stangnant profitability was due to 348% YoY increase in total expense. This explains why the firm reported 26% YoY increase in revenue while the profits were stagnant.
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