Maruti Suzuki Q3 net jumps over two-fold to Rs 2,351 cr

Maruti Suzuki India on Tuesday reported over two-fold increase in its net profit to Rs 2,351.3 crore for the third quarter ended December 31, 2022, aided by robust sales.

PTI

Updated:24th Jan, 2023 at 1:49 PM

NEW DELHI: Maruti Suzuki India on Tuesday reported over two-fold increase in its net profit to Rs 2,351.3 crore for the third quarter ended December 31, 2022, aided by robust sales.

The auto major had reported a net profit of Rs 1,011.3 crore in the October-December quarter of the previous fiscal, Maruti Suzuki India (MSI) said in a regulatory filing.

During the third quarter of 2022-23, the company said its net sales rose to Rs 27,849.2 crore while the same stood at Rs 22,187.6 crore in the same period of 2021-22.

The country's largest carmaker said it sold a total of 4,65,911 vehicles during the third quarter of FY23.

Shares of the company were trading 2.4 per cent up at Rs 8,625 apiece on the BSE.

Maruti Suzuki Q3 net jumps over two-fold to Rs 2,351 cr

Maruti Suzuki India on Tuesday reported over two-fold increase in its net profit to Rs 2,351.3 crore for the third quarter ended December 31, 2022, aided by robust sales.

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