Bosch Home Comfort Q1 Results: Net profit rises 49% YoY
Bosch Home Comfort India Ltd posted a net profit of ₹227.9 million in Q1FY27, a 49% YoY increase, driven by a 28.5% rise in revenue to ₹10,955.2 million. The cooling products segment led growth with EBIT of ₹301.8 million. The Board also approved auditor re-appointments and set the AGM for September 22, 2026.

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Bosch Home Comfort reported a net profit of ₹227.9 million for the quarter ended June 30, 2026, marking a 49% increase from ₹152.5 million in the corresponding period of FY26. The company’s revenue from operations rose 28.5% year-on-year to ₹10,955.2 million, driven primarily by strong performance in its core cooling products business. This result follows a challenging FY26 where the company posted a net loss of ₹28.6 million, signaling a return to profitability in the current fiscal year.
The Board of Directors approved the unaudited financial results on August 6, 2026, in compliance with Regulation 33(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. S R B C & CO LLP, issued a limited review report on the results. Additionally, the Board approved the re-appointment of S R B C & CO LLP as Statutory Auditors for a term of four years, subject to shareholder approval at the Annual General Meeting (AGM) scheduled for September 22, 2026. The company also re-appointed M/s SPANJ & Associates as Secretarial Auditors for five years starting April 1, 2026.
Financial Performance
Revenue from operations stood at ₹10,955.2 million in Q1FY27, compared to ₹8,526.3 million in Q1FY26. Other income increased to ₹58.1 million from ₹53.0 million in the prior year period. Total income for the quarter was ₹11,013.3 million. Total expenses were ₹10,696.4 million, including cost of materials consumed at ₹5,803.2 million and employee benefits expense of ₹634.2 million. Profit before tax was ₹316.9 million, with total tax expenses amounting to ₹89.0 million.
| Particulars | Q1FY27 (₹ mn) | Q1FY26 (₹ mn) | Change (%) |
|---|---|---|---|
| Revenue from Operations | 10,955.2 | 8,526.3 | 28.5 |
| Other Income | 58.1 | 53.0 | 9.6 |
| Total Income | 11,013.3 | 8,579.3 | 28.4 |
| Total Expenses | 10,696.4 | 8,334.4 | 28.3 |
| Profit Before Tax | 316.9 | 211.9 | 49.5 |
| Tax Expenses | 89.0 | 59.4 | 50.0 |
| Net Profit | 227.9 | 152.5 | 49.4 |
Segment Analysis
The Cooling Products segment contributed ₹10,747.7 million to segment revenue, up from ₹8,375.9 million in Q1FY26. Earnings before interest and tax (EBIT) for this segment was ₹301.8 million, compared to ₹235.9 million in the previous year. The Design and Development Services segment generated ₹315.0 million in revenue with an EBIT of ₹34.6 million. Inter-segment revenue was ₹107.5 million.
What the Numbers Show
The significant improvement in net profit is largely operational, as there were no exceptional items impacting the current quarter’s bottom line, unlike the prior year which included severance pay expenses. The company noted that the air conditioning business is seasonal, with major demand generated in the first and last quarters of the financial year. Furthermore, the company achieved minimum public shareholding requirements following the sale of shares by Bosch Global Software Technologies Private Limited, reducing promoter holding from 82.22% to 74.52%.
Historical Stock Returns for Bosch Home Comfort
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.97% | +24.86% | +21.73% | +24.28% | -6.83% | -27.26% |
Will the 28.5% revenue growth in Q1FY27 be sustainable across the remaining quarters given the seasonal nature of the air conditioning business?
How might the reduction in promoter holding from 82.22% to 74.52% impact the company's stock liquidity and corporate governance dynamics?
What specific operational efficiencies or cost-control measures contributed to the margin expansion, allowing net profit to grow faster than revenue?


































