<p class="title">The country's largest car maker Maruti Suzuki India on Friday reported a 10% rise in net profit to Rs 1,882.1 crore for the last quarter of fiscal ended on March 31, 2018.</p>.<p class="bodytext">The company had posted a net profit of Rs 1,710.5 crore in the January-March period of 2016-17, MSI said in a statement.</p>.<p class="bodytext">"Increase in effective tax rate impacted net profit," MSI said.</p>.<p class="bodytext">Net sales during the fourth quarter of 2017-18 rose to Rs 20,594.3 crore, up 14.4% against the year-ago period.</p>.<p class="bodytext">Total car sales were up 11.4% to 4,61,773 units, the company said.</p>.<p class="bodytext">For entire 2017-18, MSI posted net profit of Rs 7,721.8 crore, up 5.1%, from Rs 7,350.2 crore in the previous fiscal.</p>.<p class="bodytext">Net sales last fiscal stood at Rs 78,104.8 crore, up 16.7% from 2016-17.</p>.<p class="bodytext">Volume sales during 2017-18 were up 13.4% at 17,79,574 units. Of this, exports were at 1,26,074 units, the company said.</p>.<p class="bodytext">The company said its board has recommended a dividend of Rs 80 per share of face value Rs 5 for 2017-18.</p>.<p class="bodytext">MSI stock was trading 1.99% down at Rs 8,769.35 in the afternoon on the BSE</p>
<p class="title">The country's largest car maker Maruti Suzuki India on Friday reported a 10% rise in net profit to Rs 1,882.1 crore for the last quarter of fiscal ended on March 31, 2018.</p>.<p class="bodytext">The company had posted a net profit of Rs 1,710.5 crore in the January-March period of 2016-17, MSI said in a statement.</p>.<p class="bodytext">"Increase in effective tax rate impacted net profit," MSI said.</p>.<p class="bodytext">Net sales during the fourth quarter of 2017-18 rose to Rs 20,594.3 crore, up 14.4% against the year-ago period.</p>.<p class="bodytext">Total car sales were up 11.4% to 4,61,773 units, the company said.</p>.<p class="bodytext">For entire 2017-18, MSI posted net profit of Rs 7,721.8 crore, up 5.1%, from Rs 7,350.2 crore in the previous fiscal.</p>.<p class="bodytext">Net sales last fiscal stood at Rs 78,104.8 crore, up 16.7% from 2016-17.</p>.<p class="bodytext">Volume sales during 2017-18 were up 13.4% at 17,79,574 units. Of this, exports were at 1,26,074 units, the company said.</p>.<p class="bodytext">The company said its board has recommended a dividend of Rs 80 per share of face value Rs 5 for 2017-18.</p>.<p class="bodytext">MSI stock was trading 1.99% down at Rs 8,769.35 in the afternoon on the BSE</p>