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Maruti Suzuki Q3 net profit rises 18% at Rs 802 cr

Jan 27, 2015    

New Delhi: The country's largest carmaker Maruti Suzuki India today reported 17.8 percent increase in net profit at Rs 802.2 crore for the third quarter ended 31 December 2014.The company had posted a net profit of Rs 681.15 crore in the same period last fiscal, Maruti Suzuki India said in a statement."Higher volumes, material cost reduction initiatives and favourable foreign exchange contributed to the bottomline during the quarter," the company said in a statement.Net sales during the quarter stood at Rs 12,263.14 crore, up 15.5 percent as against Rs 10,619.68 crore in the same per...

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