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Maruti Q1 net profit dips 23 per cent at Rs 423.77 cr

Maruti Q1 net profit dips 23 per cent at Rs 423.77 cr

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

The country's largest car maker Maruti Suzuki India on Saturday reported a 22.84 per cent 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 per cent 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 per cent.

Published on: Jul 28, 2012, 3:00 PM IST
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