Maruti net profit jumps 42% to Rs 1,225.6 cr in second quarter

S Ronendra Singh Updated - December 07, 2021 at 02:36 AM.

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The country's largest passenger car manufacturer Maruti Suzuki India (MSIL), on Tuesday reported a net profit of Rs 1,225.6 crore for the second quarter ended September 30, 2015, up 42 per cent compared with Rs 862.54 crore in the corresponding period last year.

Net sales of the company also grew 13 per cent to Rs 13,574.81 crore during the July-September quarter against Rs 11,996.33 crore in the same period last year, the company said.

The company's sales also grew by around 10 per cent to 3,53,335 units during the quarter compared with 3,21,898 units in the same quarter a year ago.

Higher volumes, material cost-reduction initiatives and favourable foreign exchange contributed significantly to bottomline growth during the quarter, the company said.

Published on October 27, 2015 09:25