scorecardresearchIndia's top carmaker Maruti Suzuki Q2 profit quadruples

India's top carmaker Maruti Suzuki Q2 profit quadruples

Updated: 28 Oct 2022, 02:21 PM IST
TL;DR.

Standalone net profit came in at 20.62 billion Indian rupees ($250.03 million) for the quarter ended Sept. 30, compared with 4.75 billion rupees a year ago when production was hampered by chip shortage, the Indian unit of Japan's Suzuki Motor Corp said in an exchange filing.

New Delhi, Sept 14 (ANI): Union Minister of Road Transport & Highways Nitin Gadkari with Kenichi Ayukawa Executive Vice Chairman Maruti Suzuki India Ltd at 62nd Annual Session of Automotive Component Manufacturers Association of India (ACMA), in New Delhi on Wednesday. (ANI Photo)

New Delhi, Sept 14 (ANI): Union Minister of Road Transport & Highways Nitin Gadkari with Kenichi Ayukawa Executive Vice Chairman Maruti Suzuki India Ltd at 62nd Annual Session of Automotive Component Manufacturers Association of India (ACMA), in New Delhi on Wednesday. (ANI Photo)

(Reuters) - Maruti Suzuki India Ltd said on Friday quarterly profit more than quadrupled, as the country's biggest carmaker benefited from higher sales volume and improved price realisations.

Standalone net profit came in at 20.62 billion Indian rupees ($250.03 million) for the quarter ended Sept. 30, compared with 4.75 billion rupees a year ago when production was hampered by chip shortage, the Indian unit of Japan's Suzuki Motor Corp said in an exchange filing.

First Published: 28 Oct 2022, 02:21 PM IST