Maruti Suzuki India on Friday reported a 47.8% rise innet profit for the March quarter ofFY24 .- The auto maker reported a net profit of Rs 3,877.8 crore, on account of higher sales volume and favourable commodity prices.
- The auto major had reported a net profit of Rs 2,623.6 crore in the year-ago period.
"For the first time, the company surpassed annual total sales milestone of 2 million units in FY24. The company continued to be the top exporter for the third consecutive year, now contributing 41.8 per cent of total passenger vehicle exports from India," the company stated.
Maruti Suzuki shares were trading at Rs 12,687.05 apiece at the day's close, down 1.7 per cent from its previous close on the BSE.
SEE ALSO:
Ultraviolette F77 Mach 2 electric sports bike launched in India starting at ₹2.99 lakh
Realme C65 5G with 5,000mAh battery, 120Hz display launched starting at ₹10,499
An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema