Maruti Suzuki Profit Down By 27.3% In Q1 FY'20; Sales Decline By 18%

Maruti Suzuki India today came out with the official numbers for the first quarter of Financial Year 2019-20, registering a loss of 27.3 per...

Lexus Might Showcase An All-Electric SUV Soon

Fuel Prices Dip Further To Its Lowest On The Last Day Of 2018

2019 Bajaj Avenger 220 ABS Spotted Ahead Of Launch

Maruti Suzuki India today came out with the official numbers for the first quarter of Financial Year 2019-20, registering a loss of 27.3 per cent in the quarter ending on June 30. The company's net profit between April and June 2019 stood at Rs. 14,355 million, against the Rs. 198,488 million PAT acquired during the same period in the Financial Year 2018-19. Maruti Suzuki's total revenue for the Q1 stood at Rs. 187,352 million, lower by 14.1 per cent compared to the same period the previous year, during which the net sales touched Rs. 218,107 million.

In the April-June quarter, Maruti Suzuki India sold a total of 402,594 vehicles, lower by 17.9% compared to the same period the previous year. Sales in the domestic market stood at 374,481 units, lower by 19.3%. Exports were at 28,113 units.

from NDTV CarAndBike - Latest News https://ift.tt/32UQGTV