Maruti Suzuki record total production of 1,69,692 units in Feb

2 Mar 2022 , 09:35 AM

However, the companys total production rose 5.15% as against 1,61,383 units produced in January 2022.

While the production of passenger vehicles fell 0.07% to 1,65,672 units, production of light commercial vehicles jumped 67.71% to 4,020 units in February 2022 over February 2020.

The company stated that, The shortage of electronic components had a minor impact on the production of vehicles during the month.

Maruti Suzuki India recorded 48% decline in net profit to Rs 1,011.3 crore as net sales remained flat at Rs 22,187.6 crore in Q3 FY22 over Q3 FY21.

The car major recorded a total sales of 1,64,056 units in February 2022, down 0.25% as against 1,64,469 units sold in February 2021. While domestic sales fell by 8.46% to 1,40,035 units, exports jumped 109.13% to 24,021 units in February 2022 over February 2021.

Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles).

The scrip lost 2.98% to currently trade at Rs 8065 on BSE.

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