Bosch’s Indian subsidiary reported an 11% year-on-year revenue growth for Q1 FY25, driven by strong performance in its automotive aftermarket and consumer electronics segments. The company’s pre-tax adjusted profit surged 37% to ₹8.38 billion ($95.7 million), excluding a one-time gain of ₹5.56 billion from the sale of its video solutions business.
Key Financial Highlights
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Automotive Segment Growth: Revenue from Bosch’s core automotive business rose 13.5%, contributing over 80% of total sales, despite a 5% industry-wide decline in auto manufacturer-to-dealer sales.
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Aftermarket Strength: Analysts attribute the outperformance to robust demand for spare parts in passenger and off-highway vehicles.
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Local Market Focus: With 90% of revenue generated domestically, Bosch India continues to leverage its cost-efficient production of critical components like fuel injectors and spark plugs.
Strategic Positioning
As India’s most valuable auto parts maker, Bosch demonstrates resilience in a challenging market through its diversified aftermarket presence and consumer electronics offerings. The results position the company favorably as it navigates evolving automotive industry dynamics in one of Bosch’s key global manufacturing hubs.
