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Maruti Suzuki Q1 net profit dips 23%

India Infoline News Service/ 17:18 , Jul 28, 2012

Total Income has increased from Rs. 86381.60 mn for the quarter ended June 30, 2011 to Rs. 108904.60 mn for the quarter ended June 30, 2012.

Maruti Suzuki India Ltd has posted a net profit of Rs. 4237.70 mn for the quarter ended June 30, 2012 as compared to Rs. 5492.30 mn for the quarter ended June 30, 2011.

Total Income has increased from Rs. 86381.60 mn for the quarter ended June 30, 2011 to Rs. 108904.60 mn for the quarter ended June 30, 2012.

The growth in Net Sales was on account of higher total volumes, favourable product mix and enhanced exports realizations.

Adverse currency movements, notably the Yen-rupee exchange rate, impacted profits negatively.

Market demand continued to be skewed in favour of diesel cars while petrol cars suffered a sharp de-growth during the quarter.
       

 



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