New Delhi6 minutes ago
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German based technology and services firm Bosch Limited has received a tax demand notice of Rs 20 crore. The Income Tax Department has sent this notice for the assessment year 2022-23.
The company has given this information in the exchange filing on Monday. The company said that the assessment order includes tax of Rs 18.36 crore and interest of Rs 1.80 crore.
Bosch Limited said that he would appeal to the court against this notice. The company said that the delay in tax payment has been inadvertently. As soon as it was reported, it has been reported immediately.
Bosch also clarified that no fine has been imposed in this order.
Bosch gave 6.24% return in a month
Bosch Limited’s stock closed at Rs 28,200 on Friday (March 28) at Rs 28,200. In the last one month, the stock has given a return of 6.24%. At the same time, the stock has seen a decline of 6.88% in the last one year. The market capital of Bosch Limited is 83.49 thousand crores.
Net profit decreased by 11.6% in the third quarter
Bosch Limited, in the October-December quarter of FY 2025, the net profit was reduced by 11.6% to Rs 458 crore. The company had 518 crore net profit in the July-September quarter.
At the same time, the revenue recorded an increase of 6.2%. The company’s operational revenue was Rs 4,465.7 crore. It was Rs 4,205.2 crore in the last quarter.
