New Delhi: Riding on the back of strong sales, country's largest carmaker Maruti Suzuki India today reported a 24.1 per cent jump in net profit in the third quarter ended December 2007,at Rs 467 crore as compared to Rs 376.41 crore in the corresponding period a year ago.
Net sales during the quarter stood at Rs 4654 crore as against Rs 3644.19 crore, up 27.71 per cent. During the quarter the company sold 2.01 lakh vehicles as against 1.72 lakh units in the year-ago period, up 16.86 per cent.
Domestic sales stood at 1.87 lakh units in the period under review as against 1.63 lakh units in the year-ago period, up 14.72 per cent. Exports during the third quarter registered 51.59 per cent at 13,754 units as against 9,073 units in the previous year.
MSI said for the nine months period ended December 2007, the net profit stood at Rs 1,433.14 crore as against Rs 1,113.42 crore, up 28.71 per cent.
Net sales for the nine-month period was at Rs 13,097.37 crore as against Rs 10,178.8 crore, up 28.67 per cent.
Total number of vehicle sales during the period stood at 5.63 lakh units as against 4.75 lakh units in the same period a year ago, up 18.52 per cent.
Source :
PTI