Maruti Suzuki Q4 Net Profit Rises 47.8% to Rs 3,877.8 Crore, Company Surpasses 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.
New Delhi, April 26: The country's largest car maker Maruti Suzuki India on Friday reported a 47.8 per cent rise in net profit for the March quarter of FY24 to 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, Maruti Suzuki India said in a regulatory filing. "For the first time, the company surpassed annual total sales milestone of 2 million units in FY24. Kia Sonet Compact SUV Sales Cross '4 Lakh' Milestone in 44 Months, 63% Customers Preferred Sonet Variants Equipped With Sunroof; Check More Details.
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. Audi Price Hike in India: Germany Luxury Car Company Announces 2% Price Hike Across Its Models Range From June 1; Know Why.
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.