For Quick Alerts
For Daily Alerts

Maruti Suzuki Q2 Net Surges 42 Per cent To Rs 1,225 Crore


New Delhi, Oct 27 (PTI) Country's largest carmaker Maruti Suzuki India today posted a 42.1 per cent jump in net profit at Rs 1,225.56 crore for the second quarter ended September 30, riding primarily on robust sales, reduction in material cost and favourable foreign exchange.

Maruti Suzuki Q2 Net Surges 42 Per cent To Rs 1,225 Crore
Maruti Suzuki India: Quotes, News
BSE 6819.55BSE Quote119.4 (1.75%)
NSE 6821.10NSE Quote122.2 (1.79%)

The company had posted a net profit of Rs 862.54 crore during the same period of the previous fiscal.

Net sales of the company rose by 13.2 per cent to Rs 13,574.8 crore during the second quarter as against Rs 11,996.33 crore during the same period year ago, Maruti Suzuki India said in a statement.

"Higher volumes, material cost reduction initiatives and favourable foreign exchange contributed significantly to bottomline growth during the quarter," the statement added.

The company sold 3,53,335 vehicles during the second quarter, a growth of 9.8 per cent, over 3,21,898 units in the second quarter of 2014-15.

Maruti Suzuki's shares were trading at Rs 4,467.75 in late afternoon trade on BSE, up 1.82 per cent from previous close.


Read more about: maruti suzuki
Story first published: Tuesday, October 27, 2015, 15:18 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
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