July 28, 2012

Press Release

Maruti Suzuki financial results Q1 (Apr-Jun) 2012-13

New Delhi: The Board of Directors today approved the financial results for the quarter ending June, 2012.

Q1 (Apr-Jun) 2012-13

Q1 2012-13 Q1 2011-12 % change
Net Sales Rs. 105,292 Mn. Rs. 82,566 Mn Up 27.5 %
Net Profit Rs.4,238Mn Rs. 5,492Mn Down 22.8 %
Domestic 263,264 units 250,683 units Up 5 %
Exports 32,632 units 30,843 units Up 5.8%
Total Volume 295,896 units 281,526 units Up 5.1 %

The growth in Net Sales was on account of higher total volumes, favourable product mix and enhanced exports realizations.

Adverse currency movements, notably the Yen-rupee exchange rate, impacted profits negatively.

Market demand continued to be skewed in favour of diesel cars while petrol cars suffered a sharp degrowth during the quarter.