New Delhi: Country's largest car maker Maruti Suzuki India yesterday reported a 27.1 percent jump in net profit at Rs 1,019.3 crore for the third quarter ended December 2015, driven by robust sales, cost reduction initiatives and favourable foreign exchange.
- The company had posted a net profit of Rs 802.2 crore during the same period last fiscal.
- Net sales of the company rose 20.4 percent to Rs 14,767.7 crore during the third quarter as against Rs 12,263.1 crore during the same period a year ago, Maruti Suzuki India (MSI) said in a statement.
- During the third quarter, the company sold a total of 3,74,182 vehicles, a growth of 15.5 percent, over 3,23,911 units sold in the third quarter of 2014-15.
- For the nine months ended December 31, the company posted a net profit of Rs 3,437.8 crore, up 41.6 percent, from the same period of previous fiscal.
- Net sales of the company rose 17.2 percent to Rs 41,420.9 crore for the nine months ended December 31, over the same period last year.
- The company sold a total of 10,68,846 vehicles in April-December 2015, a growth of 13 percent over the same period of previous fiscal.
- Maruti shares today ended 0.37 percent down at Rs 4,093.55 apiece on BSE.
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