Bosch

Bosch Ltd received a demand of over Rs 140 crore from customs authorities for differential duty on oxygen sensors. The Principal Commissioner of Customs Air Cargo Complex, New Delhi issued an order regarding the interpretation of oxygen sensor classification, moving them from one category to another. The total demand includes differential duty of Rs 70.41 crore, interest and penalty of Rs 70.46 crore, totaling Rs 140.87 crore plus additional interest. Bosch plans to file an appeal before the tribunal in Delhi with a mandatory pre-deposit of 7.5% on the differential duty demanded. The company is also representing the matter before the Central Board of Indirect Taxes & Customs for clarification on oxygen sensor classification issues.

Bosch Limited reported revenue from operations of ₹47,886 million for April-June 2025, marking a 10.9% growth over the same period last year. The mobility business grew 14.3% year-on-year, primarily driven by power solutions business growth of 13.7% due to higher demand for diesel components from off-highway and passenger car segments. Two-wheeler business showed significant growth following the implementation of OBD 2 norms from April 1, 2025, leading to increased sales of exhaust gas sensors. EBITDA increased 23% to ₹6,393 million, while profit after tax reached 23.3% of revenue compared to 10.8% in the previous year. The improvement was attributed to better EBITDA margins and profit recognition from the sale of Video Solutions, Access and Intrusions and Communication systems business. Consumer goods business grew 9.3% driven by higher demand for tools and accessories, while building technologies declined 65.3% due to business divestments. The company is focusing on electrification technologies including vehicle control units and electric coolant pumps, with localized production capabilities at their Bidadi plant.