Bosch Home Comfort India Reports Q1 FY27 Net Profit of ₹227.9 Million

Nikunj Parikh - Mumbai Bureau Aug 06, 2026 1,200 Views

Bosch Home Comfort India Limited reported its Q1 FY27 results, achieving operational revenue of ₹10.96 billion and a net profit of ₹227.9 million. Driven by strong summer air conditioning sales, the company also successfully fulfilled SEBI's minimum public shareholding requirements while re-appointing its statutory auditing firm.

AHMEDABAD, India — Bosch Home Comfort India Limited reported a net profit of ₹227.9 million for the first quarter ending June 30, 2026, supported by robust seasonal sales in its core cooling products segment. The financial performance was confirmed in an official regulatory filing submitted to the stock exchanges following a board meeting held in Ahmedabad.

The board meeting convened at 12:30 PM IST and concluded at 5:30 PM IST on August 6, 2026, where the leadership reviewed and approved the company’s unaudited financial statements.

Financial Performance Overview

Bosch Home Comfort India, formerly known as Johnson Controls-Hitachi Air Conditioning India Limited, recorded revenue from operations of ₹10,955.2 million (₹10.96 billion) for Q1 FY27. This reflects a growth compared to the ₹8,526.3 million recorded in the corresponding period of the previous fiscal year (Q1 FY26).

Total income reached ₹11,013.3 million, up from ₹8,579.3 million in Q1 FY26, boosted by ₹58.1 million in other income. Total expenses for the June quarter stood at ₹10,696.4 million, driven primarily by raw material costs of ₹5,803.2 million and other operating expenses amounting to ₹1,994.4 million.

Segment Results and Corporate Developments

The primary driver of top-line growth was the cooling products for comfort and commercial use segment, which generated ₹10,747.7 million in revenue for the quarter, compared to ₹8,375.9 million in the prior-year period. The design and development services segment contributed ₹315.0 million to overall revenue.

The company reported a profit before tax (PBT) of ₹316.9 million. Total tax expenses for the period came to ₹89.0 million, comprising ₹8.9 million in current tax and ₹80.1 million in deferred tax charges, leading to the net profit of ₹227.9 million. Basic and diluted earnings per share (EPS) stood at ₹8.3 for the quarter.

Among major governance announcements, the board approved the re-appointment of M/s S R B C & CO LLP as statutory auditors for a four-year term spanning from the 2026 Annual General Meeting (AGM) to the 2030 AGM. M/s SPANJ & Associates was also re-appointed as secretarial auditors for a five-year term effective April 1, 2026. Both appointments remain subject to shareholder approval at the upcoming AGM scheduled for September 22, 2026.

The company also highlighted that promoter entity Bosch Global Software Technologies Private Limited successfully completed an Offer for Sale (OFS) of 2,092,440 equity shares (7.70% stake) during the quarter to meet Minimum Public Shareholding (MPS) guidelines. This reduced promoter shareholding from 82.22% to 74.52%, bringing the entity into full regulatory compliance under SEBI guidelines.

Official Sources Section

The information in this report is derived from official regulatory disclosures filed by Bosch Home Comfort India Limited with the BSE Limited and the National Stock Exchange of India (NSE) pursuant to Regulation 33 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quote Section

According to official filings submitted by the company secretary Parag Dave to the stock exchanges, "In compliance with Regulation 33(3) of the SEBI Listing Regulations, the Unaudited Financial Results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings".

Why It Matters

The first quarter represents a critical operating window for consumer appliance and HVAC manufacturers in India due to peak summer demand for residential and commercial cooling units. The financial recovery and top-line growth reflect stabilized operations and consumer demand following corporate restructuring and integration under the global Bosch Home Comfort umbrella. Furthermore, achieving the Minimum Public Shareholding threshold enhances free-float liquidity for public shareholders and market investors.

Key Facts at a Glance

Revenue from Operations: ₹10,955.2 million (₹10.96 billion) in Q1 FY27 vs. ₹8,526.3 million in Q1 FY26.
Net Profit: ₹227.9 million in Q1 FY27 compared to ₹152.5 million in Q1 FY26.
Core Segment Performance: Cooling products generated ₹10,747.7 million in revenue.
Promoter Stake: Reduced to 74.52% following an OFS of 7.70% equity shares to satisfy SEBI MPS requirements.
AGM Date: Scheduled for September 22, 2026.

Frequently Asked Questions (FAQ)

What were the Q1 FY27 net profit and revenue for Bosch Home Comfort India? Bosch Home Comfort India reported a net profit of ₹227.9 million and revenue from operations of ₹10,955.2 million (₹10.96 billion) for the quarter ended June 30, 2026.

Why was the company's name changed? Following the global acquisition of the Residential & Light Commercial HVAC business of the Johnson Controls-Hitachi joint venture by Robert Bosch GmbH, the company was renamed Bosch Home Comfort India Limited to align with global branding.

What key approvals were passed in the recent board meeting? The board approved the Q1 FY27 financial statements, the re-appointment of statutory auditors S R B C & CO LLP, the re-appointment of secretarial auditors SPANJ & Associates, and scheduled the upcoming AGM for September 22, 2026.