Financial Results for Quarter Ended June 30, 2026

Income Statement (₹ in millions):

  • Revenue from operations: ₹10,955.2
  • Other income: ₹58.1
  • Total income: ₹11,013.3
  • Total expenses: ₹10,696.4
  • Profit before exceptional items and tax: ₹316.9
  • Exceptional items (net): Not applicable for current quarter
  • Profit before tax: ₹316.9
  • Tax expenses: ₹89.0 (Current tax: ₹8.9, Deferred tax: ₹80.1)
  • Profit for the period: ₹227.9
  • Other comprehensive income: ₹(2.3)
  • Total comprehensive income: ₹225.6

Earnings per Share:

  • Basic and diluted EPS: ₹8.3

Comparative Performance:

  • Revenue increased 28.5% YoY (from ₹8,526.3 million in Q2 FY25)
  • Net profit increased 49.4% YoY (from ₹152.5 million in Q2 FY25)

Segment-wise Performance (₹ in millions)

Cooling products for comfort and commercial use:

  • Revenue: ₹10,747.7
  • EBIT before exceptional items: ₹301.8
  • Segment assets: ₹14,563.3
  • Segment liabilities: ₹11,306.6

Design and development services:

  • Revenue: ₹315.0
  • EBIT: ₹34.6
  • Segment assets: ₹1,791.8
  • Segment liabilities: ₹343.5

Capital Structure

  • Paid-up equity share capital: ₹271.9 million (Face value ₹10 per share)
  • Other equity: ₹4,733.2 million

Board Decisions

1. Approval of Unaudited Financial Results for quarter ended June 30, 2026 in compliance with Regulation 33(3) of SEBI LODR

2. Re-appointment of Statutory Auditors: M/s. S R B C & CO LLP (Firm Registration No: 324982E/E300003) for 4 years from conclusion of AGM 2026 to conclusion of AGM 2030, subject to shareholder approval

3. Re-appointment of Secretarial Auditors: M/s SPANJ & Associates (Firm Registration no. 2356) for 5 years starting April 1, 2026, subject to shareholder approval

4. Annual General Meeting scheduled for September 22, 2026

Significant Events and Exceptional Items

Ownership Change and Brand Alignment:

  • Robert Bosch GmbH completed acquisition of Residential & Light Commercial HVAC business globally, including Indian operations
  • Company renamed to Bosch Home Comfort India Limited (approved by shareholders October 18, 2025; effective November 4, 2025)
  • Recognized one-time retention bonus expense of ₹65.0 million in FY26 for key managerial continuity

Offer for Sale:

  • Bosch Global Software Technologies Private Limited sold 2,092,440 equity shares (7.70% of paid-up capital) via OFS
  • Promoter shareholding reduced from 82.22% to 74.52%
  • Company achieved minimum public shareholding requirements under rule 19A of SCRA and Regulation 38 of SEBI LODR

Historical Exceptional Items (Disclosed for Context):

  • Q2 FY25: Severance pay ₹33.0 million
  • FY26: Severance pay ₹89.7 million; Fire incident loss ₹309.4 million + GST reversal ₹95.7 million; Insurance settlement gain ₹112.0 million; Labour Code impact ₹140.8 million

Business Seasonality Note

The company predominantly operates in air conditioning business which is seasonal in nature with major market demand generated during first and last quarters of each financial year.