The Board of Directors of Maruti Suzuki India Limited today approved the financial results for the quarter ending December 2015.
Highlights Q3 (Oct-Dec) 2015-16
The Company sold a total of 374,182 vehicles in Q3, a growth of 15.5 per cent. Of this, exports were at 31,187 units, a growth of 8.6 per cent.
The Company registered Net Sales (net of excise) of Rs. 147,677 million, a growth of 20.4 per cent over the same period in the previous year.
Net profit in Q3 (2015-16) stood at Rs 10,193 million, up 27.1 per cent compared to the same period last year.
Higher volumes, material cost reduction initiatives and favorable foreign exchange contributed to profit during the quarter.
Highlights 9 Months (Apr-Dec) 2015-16
The Company sold a total of 1,068,846 vehicles in April-December 2015, a growth of 13.0 per cent. Of this, exports were at 96,888 units, a growth of 5.1 per cent.
The Company registered Net Sales (net of excise) of Rs 414,209 million, a growth of 17.2 per cent over the same period last year.
Net profit stood at Rs 34,378 million, up 41.6 per cent.