Maruti Suzuki gets profit of Rs. 1838/- Crore I Dividend of Rs. 60/- per share I
Maruti Suzuki gets Rs. 1838 / – crore profit I Declared Dividend of Rs. 60/- per share I
58% increase in net profit for Maruti Suzuki
According to Maruti Suzuki, net profit rose 57.7% to Rs. 1838.90 crore. In the same quarter last year, the amount was Rs. 1166.10 crore. Net sales increased by 11.1% to Rs. 25,514 / – crore. In the same quarter last year, the amount was Rs. 22,958.60 crore. 4,88,830 units were sold during the quarter with an operating margin of 7%. Reducing costs has boosted the company’s profits. The company has declared a dividend of Rs.60 / – per share. Rising raw material prices have forced the company to raise product prices.
