Maruti Suzuki reports fire incident at Rohtak R&D Centre

13 Apr 2022 , 09:38 AM

Maruti assured that the facility affected by fire incident is covered under insurance policy. The damage assessment is being carried out and the recovery of the insurance amount is subject to the valuers assessment of the damage, the company further reported.

Two people working with a contract firm of the project company succumbed to the fire. Apart from them, no other casualties were examined. Maruti said the incident does not affect the production operations of the company.

Maruti Suzuki India is a subsidiary of Suzuki Motor Corporation, Japan. The principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts

The company reported 47.8% decline in the net profit to Rs 1041.80 crore on a 0.2% fall in the net sales to Rs 22,186.20 crore in Q3 FY22 over Q3 FY21.

Shares of Maruti Suzuki were trading 0.92% higher at Rs 7,683.95 on BSE.

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