Leading auto components maker Bosch has announced its first quarter financial results for the fiscal year 2010-11. Bosch has informed that it has posted a net profit 11% higher in the Q1 this year against its corresponding quarter last year.

According to the report, Bosch has posted a net profit of Rs 209.73 crore for the quarter that ended in 30th June, 2010 which is almost 11.40% of the net profit figure of the similar quarter in the last fiscal. The company had registered a net profit of Rs 188.27 crore in the similar quarter in the previous year.

The auto components maker has informed this in a filing at the Bombay Stock Exchange.

The total income of the company has gone up to Rs 1,700.36 crore during the April-June quarter of fiscal year 2010-11. It was reported to be Rs 1,247.27 crore for the same quarter in the preceding year.

The company has also seen a hike of almost 36.33% in the June quarter this year over the same quarter in 2009-10.