Bosch Q4 FY2024 Results Summary

Company quarterly sales Company Quarterly report for Bosch

Posted by admin on 2024-11-29 17:12:48 |

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Bosch announced its Q4 FY2024 results on May 24, 2024,reporting a 4.18% year-over-year (YoY) growth in revenue and a robust 41.67%YoY increase in profit. The Earnings Per Share (EPS) for the quarter stood at ₹191.22,reflecting a significant 41.73% YoY rise. Operating income grew by 9.11% YoY,despite Selling, General & Administrative (SG&A) expenses increasing by10.18% YoY, indicating rising operational costs.

Quarter-over-quarter (QoQ), Bosch posted a 0.67% increase inrevenue and an 8.84% rise in profit, showcasing sequential improvement.However, operating income declined by 15.68% QoQ, while SG&A expenses roseby 8.14% QoQ, signaling pressure on margins despite the profit growth.

In terms of stock performance, Bosch delivered a modest -0.58%return over the past week. However, it has shown strong medium-term growth,with 45.52% returns over the last six months and 38.99% year-to-date (YTD)returns. As of May 25, 2024, the company’s market capitalization stood at ₹91,021.21Cr, with a 52-week high of ₹32,100 and a low of ₹17,931.15.

Analyst recommendations remain cautious. Out of fouranalysts covering the stock, two have assigned a Sell rating, one has suggesteda Hold, and one has recommended a Strong Buy. The consensus recommendation asof May 25, 2024, is to Hold, reflecting a balanced but cautious outlook onBosch’s performance.

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