Maruti Suzuki’s Q1 net profit up by 4.4 per cent

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New Delhi, July 27 (IANS) Car major Maruti Suzuki India Ltd on Thursday said it closed the April-June quarter with 4.4 per cent increase in its net profit.

The company closed the first quarter of the current fiscal with a net profit of Rs 1,556.4 crore, up from Rs 1,490.9 crore registered in the corresponding period last year, an official statement here said.

The company’s total income for the quarter stood at Rs 20,460.1 crore, up from Rs 17,484.1 crore earned during the same period last year.

Maruti Suzuki said it sold a total of 3,94,571 vehicles during the quarter, registering a growth of 13.2 per cent when compared with sales in the same period last fiscal.

–IANS

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