Courtesy moneycontrol.com
Monday, January 25, 2010
Maruti Suzuki net up 222% YoY at Rs 687.5cr
Maruti Suzuki has announced its third quarter results. The company's Q3 net sales were up 62% at Rs 7,372.6 crore versus Rs 4,537.1 crore, year-on-year,YoY.
Its net profit was up 222% at Rs 687.5 crore versus Rs 213.5 crore, YoY.
Maruti says
* To continue focus on cost reduction in operations
* Co's margins under pressure
* Cautiously optimistic about sales volumes in Q3
* Exports grew by over 167% to 39,116 units
* Domestic sales grew by 37.8% to 2,18,910 units
* Exports in Q3 continue to be strong
Source: CNBC-TV18Courtesy moneycontrol.com
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