For Quick Alerts
For Daily Alerts

    Maruti Suzuki Q3 Net Profit Rises 18% at Rs 802 Crore


    The country's largest carmaker Maruti Suzuki India on Tuesday reported 17.8 per cent increase in net profit at Rs 802.2 crore for the third quarter ended December 31, 2014.

    The company had posted a net profit of Rs 681.15 crore in the same period last fiscal, Maruti Suzuki India said in a statement.

    Maruti Suzuki Q3 Net Profit Rises 18% at Rs 802 Crore
    Maruti Suzuki India: Quotes, News
    BSE 6680.80BSE Quote151.75 (-2.27%)
    NSE 6673.55NSE Quote151.65 (-2.27%)

    "Higher volumes, material cost reduction initiatives and favourable foreign exchange contributed to the bottomline during the quarter," the company said in a statement.Net sales during the quarter stood at Rs 12,263.14 crore, up 15.5 per cent as against Rs 10,619.68 crore in the same period previous fiscal.

    Volume sales in the quarter were up 12.4 per cent at 3,23,911 units as compared to 2,88,151 units in the same period last fiscal, it added.

    Domestic sales were at 2,95,202 units as against 2,68,185 units in the same period last fiscal while exports stood at 28,709 units as compared to 19,966 units in the year-ago period.

    Shares of Maruti Suzuki India were trading 0.39 per cent down at Rs 3,594.40 per scrip during afternoon session on the BSE.


    Read more about: maruti suzuki
    Story first published: Tuesday, January 27, 2015, 16:03 [IST]
    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