Home Business Maruti Suzuki's quarterly profit more than quadrupled on higher sales

Maruti Suzuki’s quarterly profit more than quadrupled on higher sales

Maruti Suzuki India today said quarterly profit more than quadrupled.

Bangalore:

Maruti Suzuki India Ltd on Friday said quarterly profit more than quadrupled, as the country’s largest carmaker benefited from higher sales volumes and better price realizations.

The Indian unit of Japan’s Suzuki Motor Corp said in an exchange that standalone net profit came in at 20.62 billion Indian rupees ($250.03 million), up from Rs 4.75 billion a year ago, when production was hampered by chip shortages. filing.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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