Maruti Suzuki quarterly net profit declines 23 percentAutomobile giant Maruti Suzuki Saturday posted a 23 percent decline in net profit at Rs.423.8 crore for the quarter ended June 30. The company had earned a net profit of Rs.549 crore in the like period of the previous financial year, it said in a regulatory filing.
Total income stood at Rs.10,890.5 crore during the quarter under review against Rs.8,638 crore during the year-ago period, it added.
At the Bombay Stock Exchange, shares of the company Friday had closed at Rs.1,110.65.
Maruti Suzuki quarterly net profit declines 23 percent
