Saturday, July 28, 2012

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. 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%.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal 
Head Dealer 
DENIP Consultants Pvt Ltd

No comments:

Post a Comment