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Maruti Suzuki posts 60 per cent jump in net profit in Q2

Maruti Suzuki posted a 60.18 per cent year-on-year growth in September quarter profit at Rs 2,398 crore.

India TV Business Desk, New Delhi [ Updated: October 27, 2016 13:48 IST ]
Maruti Suzuki posts 60 per cent jump in net profit in Q2

Maruti Suzuki posted a 60.18 per cent year-on-year growth in September quarter profit at Rs 2,398 crore compared with Rs 1,497 crore reported for the year-ago quarter, the company announced on Thursday.

According to ET report, Company’s total income grew 29.28 per cent year on year to Rs 20,296.80 crore from Rs 15,699.70 crore in the year-ago quarter.

 

In June quarter, the carmarker had posted net sales of Rs 14,654 crore.

According to reports, the company sold more than 4.2 lakh cars during quarter, with volumes jumping 18.4 percent.

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