Bengaluru, January 28, 2025 – Bosch Limited (NSE: BOSCHLTD, BSE: 500530) has announced its Q3 FY25 financial results, reporting a 6.2% year-on-year (YoY) increase in total revenue, reaching ₹4,466 crore, driven by strong performance in automotive components and service income from OEMs. The company also approved the sale of its Building Technologies business to Keenfinity India Private Limited for ₹595 crore.
Financial Highlights – Q3 FY25 (Standalone)**
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹4,466 crore | ₹4,205 crore | +6.2% |
| Profit Before Tax (PBT) (Excl. Exceptional Items) | ₹665 crore | ₹612 crore | +8.6% |
| Profit Before Tax (Incl. Exceptional Items) | ₹618 crore | ₹674 crore | -8.3% |
| Net Profit (PAT) | ₹458 crore | ₹518 crore | -11.6% |
| EBITDA Margin | 14.9% | 15.3% | -40 bps |
| Earnings Per Share (EPS) | ₹155.37 | ₹175.69 | -11.6% |
- Revenue: ₹13,176.8 crore (+5.5% YoY).
- Net Profit: ₹1,459.6 crore (-7.5% YoY).
Segment-Wise Performance
- Automotive Business: ₹3,892.9 crore (+1.6% YoY).
- Consumer Goods: ₹361.7 crore (+8.8% YoY).
- Beyond Mobility (Industrial & Power Tools): ₹232 crore (+1.5% YoY).
Key Corporate Announcements
1. Sale of Building Technologies Business to Keenfinity India for ₹595 Crore
- Business Divested: Video Systems, Access & Intrusion Systems, Communication Systems.
- Buyer: Keenfinity India Private Limited, a subsidiary of Bosch Security Systems B.V., Netherlands.
- Transaction Value:₹595 crore, with:
- ₹450 crore upfront payment by March 1, 2025.
- Remaining balance (adjusted for working capital) by June 1, 2025.
- Additional consideration if Keenfinity resells the business at a higher price .
Restructuring & Exceptional Items*
- Bosch provisioned ₹47 crore for workforce restructuring as part of its shift towards electro-mobility.
- The company continues to optimize costs and realign operations to focus on emerging automotive technologies.
Management Commentary
Guruprasad Mudlapur, President, Bosch Group India & Managing Director, Bosch Limited, stated:"This quarter, Bosch generated growth through the development of advanced automotive components and customer-focused solutions. The sale of our Building Technologies division aligns with our global strategy to streamline operations and focus on high-growth segments like mobility solutions."