Maruti Suzuki Q2 results: Profit rises 8% to Rs 3,349 crore; record exports offset domestic slowdown
Maruti Suzuki Q2 results: Profit rises 8% to Rs 3,349 crore; record exports offset domestic slowdown
Maruti Suzuki reported an 8% rise in consolidated net profit to Rs 3,349 crore for the September quarter, driven by record export growth. Despite a 5.1% dip in domestic sales, overall sales volume increased by 1.7%, with exports surging 42.2% to a new quarterly high. The company also achieved its highest-ever quarterly net sales.
Maruti Suzuki reported an 8% rise in consolidated net profit to Rs 3,349 crore for the September quarter, driven by record export growth. Despite a 5.1% dip in domestic sales, overall sales volume increased by 1.7%, with exports surging 42.2% to a new quarterly high. The company also achieved its highest-ever quarterly net sales.