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| The Board of Directors of Maruti Suzuki India Limited approved the financial results for the quarter ending March 31, 2012 and for the full year 2011-12 here today. | |
| Quarter 4 2011-12 | |
| Q4 2011-12 | Q4 2010-11 | % change | |
| Net Sales | Rs. 114,864 Mn | Rs 97,967 Mn | Up by 17.2% |
| Net Profit | Rs. 6,398 Mn | Rs. 6,599 Mn | Up by 17.2% |
| Total Volume | 360,334 nos | 343,340 nos | Up by 4.9% |
|
During the Quarter, the Company sold a total of 360,334 units as compared to 343,340
units in the same period previous year reflecting a growth of 4.9 per cent.
While adverse currency movements made a significant impact during the Quarter, the Company was able to largely offset it through localization and internal cost control. |
|||
| Financial Year 2011-12 | |
| 2011-12 | 2010-11 | % change | |
| Net Sales | Rs. 347,059 Mn | Rs. 358,490 Mn | Down by 3.2% |
| Net Profit | Rs. 16,351 Mn | Rs. 22,887 Mn | Down by 28.6% |
| Total Volume | 1,133,695 nos | 1,271,005 nos | Down by 10.8% |
| Domestic | 1,006,316 nos | 1,132,739 nos | Down by 11.2% |
| Exports | 127,379 nos | 138,266 nos | Down by 7.9% |
| For the year, the Company¿s bottomline was impacted by adverse currency movement and increased commodity prices. The overall slowdown in the car market, including the skew towards diesel cars, also affected performance. |
| Dividend maintained at 150 per cent |
| The Board of Directors recommended a dividend of 150 per cent (Rs 7.50 per share of face value Rs. 5/-) for 2011-12. The dividend in 2010-11 was also at 150 per cent. |
