Maruti Second Quarter 2007 Net Profit Up 27 Percent to Rs. 4,665 Million

New Delhi, October 29, 2007 -- Maruti Suzuki India Limited registered Total Income of Rs. 47,358 million (Net of Excise) during the second quarter (Q2) of the fiscal (July-September 2007), a growth of 33.7 percent over the same period last year.

Profit Before Tax went up to Rs. 6,841 million during Q2 of 2007-08, a growth of 28 percent over same period last year. Net Profit stood at Rs. 4,665 million, up 27 percent over July-September 2006.

First half With this, Total Income (Net of Excise) for the first half of the fiscal (April-September 2007) was Rs. 88,899 million, a growth of 30.5 percent compared to the same period of the previous year. Net Profit stood at Rs. 9,661 million, up 31.1 percent over April-September 2006.

Unit Sales The company's domestic sales during Q2 (July¿Sept 2007) grew 17.8 percent over the same period last fiscal. The company sold 191,325 vehicles during the quarter, including 15,171 units of exports.

During the first half of this year, Maruti's sales grew by 17.5 percent in the domestic car market. In the same period, the A2 and A3 car segments grew faster showing a growth rate of 21.9 per cent and 57.7 percent, respectively.

Source: Maruti Suzuki India Limited

Bookmark/Search this post with:

 •    •    •    •    •    •    •    •    •    •