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    HomeNewsBusinessEarningsMaruti Suzuki Q3 net profit slips 18% to Rs 565 cr

    Maruti Suzuki Q3 net profit slips 18% to Rs 565 cr

    India's largest car maker Maruti Suzuki reported a standalone net profit of Rs 565.2 crore for the quarter ended December 2010, down 18% as compared to Rs 687.5 crore in same period the previous year.

    January 31, 2011 / 08:13 IST
       
       
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      India's largest car maker Maruti Suzuki reported a standalone net profit of Rs 565.2 crore for the quarter ended December 2010, down 18% as compared to Rs 687.5 crore in same period the previous year.


      Net sales the company grew by 25.83% to Rs 9,276.7 crore in third quarter of financial year 2009-10 from Rs 7,372.6 crore reported in same quarter last year.

      Bottomline as well as topline numbers were below expectations. CNBC-TV18 expected net profit of Rs 610 crore and revenues of Rs 9,513 crore.

      first published: Jan 29, 2011 01:14 pm

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