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

Subscribe to GoodReturns
For Quick Alerts
Subscribe Now  
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Maruti Suzuki Q3 net profit surges on higher sales
    Maruti Suzuki India: Quotes, News
    BSE 7708.55BSE Quote54.45 (0.71%)
    NSE 7734.05NSE Quote71.9 (0.93%)
    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
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more