For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Maruti Suzuki Q3 net profit surges on higher sales: stock gains

|

Maruti Suzuki Q3 net profit surges on higher sales
Maruti Suzuki India: Quotes, News
BSE 11635.55BSE Quote0 (0.00%)
NSE 11636.3NSE Quote0 (0.00%)
India's largest car makerMaruti Suzuki reported higher than expected Q3 results today posting higher sales, following a good response to new models like Ertiga and Swift Dzire.

The company's net profit rose 2.4% year on year at Rs 501 core for the quarter ended December, 2012.

 

The company reported net sales of Rs 11,200 crore, up by 45.6%. The growth in sales was due to higher volumes, favorable model mix, and enhanced export realisation.

 

Other income rose to Rs 189 crore from Rs 175 crore in the corresponding quarter of previous fiscal

Shares of the company rose 3.78% to Rs 1594 on BSE at 2.30 pm IST.

GoodReturns.in

Read more about: maruti suzuki
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X