Maruti Suzuki Q2 net profit dips 9.8% to Rs 2,240.4 cr

India's largest carmaker Maruti Suzuki India (MSI) on Thursday reported 9.8% decline in net profit to Rs 2,240.4 crore for the second quarter ended September 30. Reuters

India's largest carmaker Maruti Suzuki India (MSI) on Thursday reported 9.8% decline in net profit to Rs 2,240.4 crore for the second quarter ended September 30.

The company had reported a net profit of Rs 2,484.3 crore for the same period previous fiscal.

Net sales, however, rose marginally to Rs 21,551.9 crore for the quarter under review, as against Rs 21,438.1 crore a year earlier, MSI said in a statement.

During July-September period, the company sold a total of 4,84,848 vehicles, including 29,448 in overseas markets, a dip of 1.5% over the same period last fiscal.

The company's stock was trading 0.42% down at Rs 6,740.00 on the BSE. 

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry

Comments:

Maruti Suzuki Q2 net profit dips 9.8% to Rs 2,240.4 cr

0 comments

Write the first review for this !