Highlights of Quarter I (April- June 2015)
The Company sold a total of 341,329 vehicles during the Quarter, a growth of 13.8 per cent over the same period of the previous year. Sales in the domestic market stood at 305,694 units, a growth of 13.0 per cent. Exports were at 35,635 units, up 21.8 per cent.
During the Quarter, the Company registered Net Sales (net of excise) of Rs. 130,783 million, up 18.1 per cent over the previous year.
Net Profit was Rs 11,929 million, a growth of 56.5 per cent year on year.
During the Quarter, higher volumes, cost reduction efforts, lower sales promotion expenses, and favourable foreign exchange helped improve the performance.