Bosch India Q3 Results: Profit rises 16% on strong auto demand; margins ease

Bosch Limited posted a steady set of numbers for the October–December quarter of FY26, supported by strong demand across key automotive segments. The company reported total revenue from operations of ₹4,885.6 crore, up 9.4% year-on-year, driven largely by higher volumes in passenger cars and the off-highway segment.

Net profit for the quarter rose 16.1% year-on-year to ₹532 crore, compared with ₹458 crore in the same period last year. Profit after tax stood at 10.9% of revenue from operations.

EBITDA

increased 5.1% to ₹612 crore, while the EBITDA margin moderated to 12.5% from 13% a year ago, reflecting cost pressures and the impact of labour-related changes.

After factoring in the impact of changes in labour codes, profit before tax (before exceptional items) for the quarter stood at ₹709 crore, or 14.5% of revenue, marking a 6.7% increase over the year-ago period. The improvement was aided by a favourable product mix and optimisation of expenses.

“Our business development reflects strong sales growth across key components in passenger cars and off-highway segments, in line with the overall growth in the automotive sector. This performance highlights our strategic focus on market leadership and operational efficiency, despite supply chain issues in the quarter,” said Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director, Bosch Limited.

Overall product sales in the automotive segment rose 18.5% year-on-year. The Power Solutions business grew 19.5%, led by passenger cars and off-highway applications.

The two-wheeler business recorded a sharp 58.3% growth, driven by higher sales of exhaust gas sensors following the ramp-up for OBD II norms effective April 1, 2025. The mobility aftermarket business grew 5.3%, supported by GST reforms and growth across diesel, wipers and braking systems.

However, the Beyond Mobility business saw a 23.3% decline in net sales, mainly due to the sale of the Video solutions, Access and Intrusions and Communication systems business in May 2025.

Looking ahead, Mudlapur said, “We anticipate continued positive momentum in the automotive sector and remain optimistic of businesses delivering well in the next quarter.”

Ahead of the earnings announcement, shares of Bosch Ltd closed nearly flat at ₹36,265 on the NSE.