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Maruti Q1 net profit falls 20pc

Sunday, 25 July 2010


MUMBAI, July 24 (Business Standard): The country's largest carmaker Maruti Suzuki India today reported a 20.25-per cent fall in its net profit for the quarter ended June 30 at Rs 4.65 billion.
The company had posted a net profit of Rs 5.84 billion during the corresponding period last fiscal, Maruti Suzuki India said in a statement.
The total income from operations in the first quarter, however, increased by 26.78 per cent to Rs 82.32 billion from Rs 64.93 billion in the year-ago period.