अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » business » Maruti Suzuki’s Q3 net profit down 17.2%

Maruti Suzuki’s Q3 net profit down 17.2%

By IANS
Updated on :
Maruti Suzuki's Q3 net profit down 17.2%

According to Maruti Suzuki, the net profit during the quarter under review declined to Rs 1,489.3 crore from Rs 1,799 crore during the corresponding period of previous fiscal.

“The company registered net sales of Rs 189,264 million, lower by 0.1 per cent, and net profit of Rs 14,893 million, lower by 17.2 per cent over the same period previous year,” the company said in a statement on Friday.

Besides, the company’s net sales slipped by 0.1 per cent to Rs 18,926.4 crore over the same period last year.

The auto major blamed the combination of several adverse factors such as adverse commodity prices and adverse foreign exchange rates among others which impacted profits.

The company sold a total of 428,643 vehicles during the quarter, a decline of 0.6 per cent over the same period the previous year.

–IANS

 

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Related

Latests Posts


Editor's Choice


Trending