Maruti Suzuki’s profit slides 17% to Rs 3,069 crore

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Maruti Suzuki India (MSIL) on Tuesday reported a 17 per cent drop in its standalone net profit for the September quarter, at Rs 3,069 crore, compared to Rs 3,716.5 crore reported in the same period last year...

The company sold a total of 5,41,550 vehicles during the quarter, of which the domestic market volume was 4,63,834 vehicles and the export volume was 77,716 vehicles..

The Profit Before Tax (PBT) for the quarter grew by 6.3 per cent year-on-year to Rs 51,000 crore, being its highest ever for the company.. Further, the company sold a total of 10,63,418 units during the H1(April-September) period, comprising 9,15,142 units in the domestic market and at 1,48,276 units in the export market..

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