New Delhi: The country's largest car-maker Maruti Suzuki India today posted a 35.87 percent increase in net profit to Rs 681.15 crore for the third quarter ended December 31.The company had posted a profit of Rs 501.29 crore in the corresponding period of the previous financial year.Net sales declined 3.07 percent to Rs 10,619.68 crore from Rs 10,956.95 crore a year earlier, Maruti Suzuki said in a statement."Higher localisation, favourable foreign exchange and cost reduction initiatives by the company contributed significantly to net profit," it said.The volume of sales dropped 4.41...
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