Bosch Q2 earnings decline 14.31%

Bosch Q2 earnings decline 14.31%Bosch, a leading auto-component manufacturer has announced that its net profit has plunged by 14.31% during the quarter ended June 2009.

During the latest quarter, the net profit figure stood at Rs 1,882.70 million as compared to Rs 2,197.20 million for the quarter ended June 30, 2008.

Further, company's total income during the quarter under review has witnessed a dip of 1.82% which stood at Rs 13,113.30 million over the prior year period.

Stock of Bosch settled the day in green at Rs 3,554, up 2.45% on National Stock Exchange (NSE). The counter clocked a volume of 11,215 shares on NSE.