DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

Maruti Suzuki Q3 net profit falls 48 pc to Rs 1,042 crore

New Delhi, January 25 The country’s largest carmaker Maruti Suzuki India on Tuesday reported a 47.82 per cent decline in consolidated net profit to Rs 1,041.8 crore for the December 2021 quarter, mainly due to the ongoing semiconductor shortage and...
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

New Delhi, January 25

The country’s largest carmaker Maruti Suzuki India on Tuesday reported a 47.82 per cent decline in consolidated net profit to Rs 1,041.8 crore for the December 2021 quarter, mainly due to the ongoing semiconductor shortage and increase in commodity prices.

The auto major had posted a consolidated net profit of Rs 1,996.7 crore in the October-December period of the last fiscal, Maruti Suzuki India said in a regulatory filing.

Advertisement

The consolidated revenue from operations declined marginally to Rs 23,253.3 crore in the third quarter, compared to Rs 23,471.3 crore a year ago, it added.

Total vehicle sales were down 13.1 per cent at 4,30,668 units in the third quarter against 4,95,897 units in the corresponding period last fiscal, it said. PTI

Advertisement

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Home tlbr_img2 Opinion tlbr_img3 Classifieds tlbr_img4 Videos tlbr_img5 E-Paper