Bosch Limited reported a synchronized upturn in the automotive sector during Q3 FY26, driven by festive momentum, policy support, and revived consumer confidence. Production volumes saw significant increases across segments like tractors, passenger cars, and commercial vehicles. Q3 FY26 total production volume reached 2,337,000 units, up 22% compared to Q3 FY25, and 12% for the first three quarters of FY26.
Production Overview
The Indian automotive sector experienced a synchronized upturn in Q3 FY26, which was bolstered by the festive season, supportive government policies, and renewed consumer trust. The company’s production saw considerable increases across various segments:
- Total production for Q3 FY26 stood at 2,337,000 units, marking a 22% increase compared to Q3 FY25.
- Year-to-date (YTD) production for Q1-Q3 FY26 reached 6,697,000 units, a 12% increase compared to the same period last year.
Sector-Wise Sales Performance
Mobility business experienced growth of 18.5% in Q3 (Oct-Dec ’25), driven by Power Solutions, Mobility Aftermarket, and the 2-Wheeler segment.
- Power Solutions grew by 19.5%.
- Mobility Aftermarket increased by 5.3%.
- The 2-Wheeler segment saw a growth of 58.3%.
Looking at the 9-month performance (Apr-Dec), the Mobility business saw growth of 14.9%, mainly due to Power Solutions, Mobility Aftermarket, and 2-Wheeler segment.
- Power Solutions improved by 14.1%.
- Mobility Aftermarket increased by 4.8%.
- The 2-Wheeler segment grew by 71.1%.
Key Financial Highlights
Revenue from Operations grew by 9.4% in Q3 (Oct-Dec ’25) compared to the previous quarter. This growth was primarily driven by improvements in Power Solutions (19.5%), Mobility Aftermarket (5.3%), and 2-Wheeler powersports (58.3%).
When comparing the 9-month period (Apr-Dec), Revenue from Operations grew by 9.8%, attributed to growth in Power Solutions (14.1%), Mobility Aftermarket (4.8%) and 2-Wheeler powersports (71.1%).
EBITDA grew by 5.1% in Q3 (Oct-Dec ’25) and 12.4% over the 9-month period. This improvement was a result of favorable product mix and optimization of expenses.
Profit After Tax (PAT) increased by 16.1% in Q3 (Oct-Dec ’25) and by 50.8% over the 9-month period. This was primarily due to improved EBITDA and profit on the sale of certain business units.
Strategic Highlights
Bosch noted successes across several strategic areas, including:
- New product launches in Two-Wheeler and Powersports, featuring advanced Bosch systems.
- Strong rebound in the Mobility Aftermarket.
- Sustained momentum in Power Tools, achieving double-digit growth for the fourth consecutive year.
Source: BSE
