Bosch Limited Reports Robust Q2 FY26 Results: Revenue Up 9.1%, PAT Grows 3.4%

Bosch Limited , a leading supplier of technology and services, has announced strong financial results for the second quarter of fiscal year 2025-26, demonstrating resilience and growth in a dynamic market environment.

Key Financial Highlights

Revenue from operations increased by 9.1% year-on-year to ₹4,795.00 crore
Profit Before Tax (PBT) before exceptional items rose by 7.9% to ₹730.00 crore, representing 15.2% of total revenue
Profit After Tax (PAT) grew by 3.4% to ₹554.00 crore, accounting for 11.6% of revenue from operations

Segment Performance

The company's automotive segment showed impressive growth:

Overall product sales in the automotive segment increased by 11.9% compared to the same quarter last year
Power Solutions business grew by 9.5%, driven by growth in passenger car and off-highway segments
2-Wheeler business saw a significant surge of 81.8%, primarily due to higher sales of exhaust gas sensors following the implementation of OBDII norms from April 1, 2025
Mobility Aftermarket business recorded a 3.7% growth, with strong performance in diesel and filter systems

However, the Beyond Mobility business experienced a 14.4% decline in net sales, mainly attributed to the sale of the "Video solutions, Access and Intrusions and Communication systems" business in May 2025.

Management Commentary

Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director of Bosch Limited, commented on the results: "This quarter, we recorded growth led by sustained demand in passenger car and off-highway segments coupled with increased sales in key components. This performance reflects our commitment to innovation and customer-centricity despite multiple headwinds."

Looking ahead, Mudlapur added, "Moving onto the next quarter, the festive season coupled with GST rationalization bring renewed optimism. We anticipate healthy demand across components driven by changing customer sentiments. With a strong portfolio and customer-first approach, Bosch Limited remains well placed to leverage these opportunities ahead."

Market Factors and Outlook

The company noted that the Indian automotive sector experienced synchronized growth in Q2 FY26, supported by:

Festive momentum
Policy support, including GST 2.0
Improved consumer confidence

Bosch Limited also highlighted key recognitions, including awards from Escorts Kubota for delivery performance and Tata CV for Hydrogen ICE innovation. The company celebrated 25 years of its Technical Centre India, underlining its commitment to innovation and long-term growth in the Indian market.

As Bosch Limited continues to navigate the evolving automotive landscape, its focus on innovation, customer-centricity, and strategic portfolio management positions it well to capitalize on emerging opportunities in the Indian market.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.47%	-1.03%	-5.98%	+16.83%	+7.49%	+209.12%

Bosch Limited , a leading supplier of technology and services, has reported robust financial results for the second quarter, demonstrating strong growth across key segments despite market challenges.

Revenue and Profit Highlights

The company posted a total revenue from operations of INR 4,795 crores (470 million euros) in Q2, marking a 9.1% increase compared to the same quarter last year. This growth was primarily driven by higher demand in the passenger car and off-highway segments.

Bosch's profit before tax (PBT) before exceptional items stood at INR 730 crores (72 million euros), representing 15.2% of the total revenue from operations. This reflects a 7.9% increase over the same quarter of the previous year, attributed to a favorable product mix and optimization of expenses.

The profit after tax (PAT) for the quarter reached INR 554 crores (54 million euros), accounting for 11.6% of revenue from operations.

Segment Performance

Bosch's performance across various segments showcased mixed results:

Automotive Segment: Overall product sales increased by 11.9% compared to the same quarter of the previous year.
Power Solutions: This business grew by 9.5%, mainly due to growth in passenger car and off-highway segments.
Two-Wheeler Business: Witnessed an impressive growth of 81.8%, primarily driven by higher sales of exhaust gas sensors due to the ramp-up for OBDII norms implementation from April 1.
Mobility Aftermarket: Recorded a growth of 3.7%, with strong performance in diesel and filter systems.
Beyond Mobility Business: Experienced a decline of 14.4% in net sales over the same quarter of the previous financial year, mainly due to the sale of the "Video solutions, Access and Intrusions and Communication systems" business in May.

Financial Position

The company's financial position remains strong, as evidenced by the following key figures:

Particulars	As of September 30 (INR in Millions)
Total Assets	203,266
Total Equity	140,204
Cash and Cash Equivalents	1,082
Investments (Current)	14,773
Investments (Non-current)	61,345

Management Commentary

Outlook

Bosch Limited's strong performance in Q2, particularly in the automotive and two-wheeler segments, positions the company well for future growth. The significant surge in the two-wheeler business, coupled with the positive outlook for the festive season and GST rationalization, suggests potential for continued momentum in the coming quarters.

However, investors should note the decline in the Beyond Mobility business due to the recent sale of a business unit. This may impact the company's diversification strategy and warrants monitoring in future quarters.

As Bosch continues to focus on innovation and customer-centric approaches, it appears well-equipped to navigate the evolving market landscape and capitalize on emerging opportunities in the automotive and technology sectors.