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Maruti Suzuki reports 10% increase in Q4 net profit at Rs.1,882 crore

Maruti Suzuki has reported a net profit of Rs.1,882 crore for the quarter ended March 31,2018, which is 10% higher than the profit in the same quarter a year ago.

Net sales grew by 0.83% to Rs.20,594 crore during the quarter under review, as compared to Rs.20,423 crore posted by it in the same quarter in 2016-17.

Further, it had sold a total of 4.61 lakh vehicles during the quarter ended March 31,2018, which is 11.4% higher than the same period last year. Sales in the domestic market stood at 4.27 lakh units, which is 11.6% higher year on year, while exports came in at 34,691 units.

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