Q2 loss widens to Rs 400 mn amid fire damage and Bosch ownership change
BOSCH-HCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.8 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Revenue Q2 Rs 4,051.4 mn, up 2% YoY; H1 revenue Rs 12,577.7 mn, down 10%. Q2 net loss Rs 399.6 mn versus Rs 300.5 mn a year ago; H1 net loss Rs 247.1 mn against Rs 61 mn profit. Exceptional Rs 132.7 mn for severance, Bosch retention bonus, fire costs. June warehouse fire caused Rs 311 mn inventory loss and Rs 95.7 mn GST reversal; insurer paid Rs 100 mn interim relief. Firm renamed Bosch Home Comfort India after Bosch buyout of JCH HVAC business.
Weak Q2 with fire damage and one-time charges pushed firm into loss. Q3 and Q4 are seasonally strong for AC sales. Watch insurance claim recovery.