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    HomeNewsBusinessEarningsMaruti Q1 net profit dips 23%

    Maruti Q1 net profit dips 23%

    The country's largest car maker Maruti Suzuki India today reported a 22.84% fall in its net profit for the quarter ended June 30, at Rs 423.77 crore.

    July 28, 2012 / 15:04 IST
       
       
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      The country's largest car maker Maruti Suzuki India today reported a 22.84% fall in its net profit for the quarter ended June 30, at Rs 423.77 crore. The company had posted a net profit of Rs 549.23 crore in the corresponding period last year, Maruti Suzuki India (MSI) said in a statement.

      The net sales during the first quarter, however, increased by 27.53% to Rs 10,529.24 crore from Rs 8,256.58 crore in the year-ago period, it added.

      During the April-June period, MSI sold a total of 2,95,896 vehicles compared to 2,81,526 units in the same period last year, up 5.10%.

      first published: Jul 28, 2012 02:42 pm

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