COMPONENTS Emobility Technology

Bosch gears up for electrification, digitalisation after steady FY25 gains

Guruprasad Mudlapur,
President of the Bosch Group in India
and MD of Bosch Limited

Bosch Limited, a leading supplier of technology and services, reported a solid performance for FY2024–25, registering consistent growth across its Mobility and Beyond Mobility businesses. With a Profit After Tax (PAT) margin of 11.1% and healthy top-line expansion, the company underscored its operational agility and focus on long-term strategic goals amid an evolving market landscape.

Q4 FY25: Double-Digit Growth

In Q4 FY25, Bosch Limited posted revenue from operations of INR 4,911 crore (EUR 539 million), marking a 16.0% increase over the corresponding quarter of the previous year. Profit Before Tax (PBT) stood at INR 778 crore (EUR 85 million), accounting for 15.9% of revenue – a 17.8% rise year-on-year. Profit After Tax came in at INR 554 crore (EUR 61 million), or 11.3% of revenue.

The strong quarterly performance was fueled by sustained demand in the passenger car and off-highway segments, particularly under the Mobility business, which saw product revenue increase by 14.9% quarter-over-quarter. The Beyond Mobility segment also posted a 1.7% sequential rise, supported by growth in consumer goods.

“Amid a challenging business environment, we concluded FY25 with strong revenue growth and increased sales across businesses. Sustained demand in the off-highway and passenger car segments contributed to our performance this quarter. This development reflects our agility in adapting to dynamic market needs and our continuous focus on customer centricity”, said Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director of Bosch Limited.

Steady Revenue Growth, Margin Strength

For FY2024–25, Bosch Limited recorded revenue from operations of INR 18,087 crore (EUR 1,985 million), up 8.1% from the previous fiscal. PBT (before exceptional items) stood at INR 2,731 crore (EUR 300 million), reflecting a 16.9% increase, while PAT (including exceptional items) reached INR 2,013 crore (EUR 221 million), or 11.1% of total revenue.

The full-year performance was supported by volume growth in key verticals such as passenger vehicles, tractors, and aftermarket components. Cost controls, improved material efficiency, and focused capital allocation further boosted margin performance.

Sector-Wise Trends: Mobility Leads the Way

  • Mobility business: Product sales grew by 7.0% over the previous year, driven by strong traction in the passenger car and tractor segments. Domestic Mobility sales rose 6.2%.
  • Powertrain Solutions: Posted 5.8% growth, supported by robust tractor demand and increased exports.
  • Mobility Aftermarket: Delivered 8.4% growth, led by rising demand for diesel components and filters.
  • Beyond Mobility: Recorded a 4.4% growth, largely due to strength in consumer goods.

Positioning for the Future of Mobility and Tech Convergence

Looking ahead, Bosch remains bullish on India’s emergence as a global automotive powerhouse.
“India is poised to become a leading automotive hub with high levels of engineering and manufacturing excellence,” said Mudlapur. “We expect substantial growth, led by digitalisation, electrification, and sustainable mobility. Bosch is fully geared to lead this transition and to remain the preferred technology partner for OEMs in India and globally.”

Staying the Course on Strategy 2030

At a global level, Bosch Group remains committed to its Strategy 2030, even as global headwinds dampened revenue performance in 2024. Sales stood at EUR 90.3 billion, down 1.4% year-on-year, and EBIT from operations declined to EUR 3.1 billion. “We are sticking to our ambitious targets in order to continue to grow and strengthen our financial independence,” said Dr. Stefan Hartung, Chairman of the Board of Management, Robert Bosch GmbH. Bosch aims for annual growth of 6–8% through 2030, supported by innovation in its core markets.