Maruti Suzuki Q2 net profit jumps 60% at Rs 2,398 crore

Maruti Suzuki Q2 net profit jumps 60% at Rs 2,398 crore

Country’s largest carmaker Maruti Suzuki India today posted 60.18 percent jump in net profit to Rs 2,398 crore for the second quarter ended September 30 of the current fiscal.

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Maruti Suzuki Q2 net profit jumps 60% at Rs 2,398 crore

New Delhi: Country’s largest carmaker Maruti Suzuki India today posted 60.18 percent jump in net profit to Rs 2,398 crore for the second quarter ended September 30 of the current fiscal.

Reuters

The company had posted a net profit of Rs 1,497 crore during the July-September period of last fiscal, 2015-16. Its total income from operations rose by 29.28 percent to Rs 20,296.8 crore during the second quarter as against Rs 15,699.7 crore in the year-ago period, Maruti Suzuki India said in a BSE filing.

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The company sold 4,18,470 vehicles during the quarter under review, a growth of 18.4 percent over a year ago. Maruti Suzuki’s shares were trading at Rs 5,932.10 a piece, up 1.02 percent, on BSE in the afternoon.

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