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Maruti Q3 Net Profit Down By 63.6 Per cent

New Delhi, Jan 23: The country's largest car-maker Maruti Suzuki India today reported a 63.6 per cent fall in net profit for the quarter ended December 31, 2011, to Rs 205.6 crore.The company had posted

PTI [ Updated: January 23, 2012 14:51 IST ]
maruti q3 net profit down by 63.6 per cent
maruti q3 net profit down by 63.6 per cent

New Delhi, Jan 23: The country's largest car-maker Maruti Suzuki India today reported a 63.6 per cent fall in net profit for the quarter ended December 31, 2011, to Rs 205.6 crore.


The company had posted a net profit of Rs 565.17 crore for the corresponding period last financial year, Maruti Suzuki India (MSI) said in a statement. 

The company's net sales declined by 17.4 per cent to Rs 7,663.6 crore during the quarter under review from Rs 9,276.73 crore in the year-ago period, it added.

Reacting to the numbers, MSI shares fell 1.24 per cent to Rs 1,085.50 per scrip on the BSE.

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