Maruti Suzuki Financial Results Q3 (Oct-Dec) 2014-15

Country largest passenger car manufacturer Maruti Suzuki India today announced Financial Results Q3 (Oct-Dec) 2014-15. The Board of Directors of Maruti Suzuki India Limited today approved the financial results for the quarter ending December 2014.

Highlights Q3 (Oct-Dec) 2014-15

• The Company sold a total of 323,911 vehicles in Q3, a growth of 12.4 per cent. Of this, exports were at 28,709 units, a growth of 43.8 per cent.
• The Company registered Net Sales (net of excise) of Rs. 122,631 million, a growth of 15.5 per cent over the same period in the previous year.
• Net profit in Q3 (2014-15) stood at Rs 8,022 million, up 17.8 per cent compared to the same period last year.
• Higher volumes, material cost reduction initiatives and favorable foreign exchange contributed to bottom-line during the quarter.

Highlights 9 Months (Apr-Dec) 2014-15

• The Company sold a total of 945,703 vehicles in April-December 2014, a growth of 13.9 per cent. Of this, exports were at 92,171 units, a growth of 22.8 per cent.
• The Company registered Net Sales (net of excise) of Rs 353,330 million, a growth of 14.6 per cent over the same period last year.
• Net profit stood at Rs 24,270 million, up 22.4 per cent.