Bosch Q4-11 net vaults 33.53 per cent to Rs281 crore; to pay 135 per cent dividend

Auto component major Bosch Ltd has posted a net profit of Rs281.14 crore for the fourth quarter of 2011 ended 31 December against a net profit of Rs210.53 crore during the comparable quarter of the previous year – a 33.53 per cent increase year-on-year.

Total income of the company increased 10.23 per cent to Rs2,094.83 crore, from Rs1,900.35 crore in the similar quarter of the previous year. (Figures for the previous year quarter ended 31 December 2010 are unaudited).

For the full year ended 31 December 2011, Bosch has posted a net profit of Rs1,122.56 crore against Rs858.90 crore for the year ended 31 December 2010.

Total income increased to Rs8,294.97 crore for the year ended 31 December 2011 from Rs6,971.0 crore in the previous year ended 31 December 2010.

The board of directors of Bosch Ltd, at its meeting today, inter alia proposed a dividend of Rs50 per share for the year (in addition to special dividend of Rs85 per share declared by the board on 1 June 2011). 

The register of members and share transfer books of the company will remain closed from 15 to 28 May 2012 (both days inclusive) for the purpose of payment of dividend and 60th annual general meeting (AGM) of the company to be held on 4 June 2012, Bosch Ltd said in a filing with the Bombay Stock Exchange (BSE).

The dividend is payable to those members whose names appear in the register of members as at the close of business on 14 May 2012, it added.