new delhi auto components major bosch ltd today reported a 2878 per cent increase in its net profit at rs 281 crore for the quarter ended december 2017 on account of higher income the company had posted a net profit of rs 21819 crore during the same period of the previous fiscal bosch ltd said in a regulatory filing total income during the quarter under review stood at rs 317418 crore it was rs 302715 crore in the corresponding quarter of the last fiscal bosch is offering the right technologies to shape the future while also taking care of the core businesses bosch ltd managing director soumitra bhattacharya said on outlook bhattacharya who is also the president of bosch group in india said we expect to remain on a path of growth in both areas in the current business year and are well prepared the company said the positive result was achieved on account of higher sales volume improvement in material and personnel cost key performing division was the gasoline systems business which registered an impressive growth of 371 per cent it added sales of the diesel systems division registered a similar growth of 336 per cent the company said adding that its automotive aftermarket division witnessed a stable growth of 4 per cent after recovering from gst transition the companys stock closed 329 per cent up at rs 19980 apiece on bse today pti published on feb 5 2018 at 0448 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app bosch q3 results bse gasoline bosch ltd delhi india homenewsindustrybosch q3 net profit up 29 pc at rs 281 cr