Maruti Suzuki posted a profit of Rs 440 crore in the June quarter, 4 times growth in earnings

New Delhi. The country’s largest carmaker Maruti Suzuki India i.e. MSI (Maruti Suzuki India) on Wednesday released the first quarter results of the current financial year. The company has earned a consolidated net profit of Rs 475 crore in the first quarter ended June 30 of the current financial year. Due to this, the company had a net loss of Rs 268 crore in the same quarter of the previous financial year.

In a communication to the stock exchanges, the company said that its total operating income increased to Rs 17,776 crore during the quarter from Rs 4,111 crore in the year-ago quarter. In this way the company’s income increased 4 times on a yearly basis.

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The company sold 3,53,614 vehicles in the first quarter
The company said that it sold a total of 3,53,614 vehicles during the quarter. The company’s sales in the domestic market stood at 3,08,095 units. At the same time, the company exported 45,519 vehicles during this period. The company’s stock closed at Rs 7,149.70, down 1.27 per cent on BSE.

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