Monday, April 27, 2015

Maruti Suzuki logs 33 percent profit growth

New Delhi, April 27 (IANS) Passenger car major Maruti Suzuki India Ltd on Monday said it had closed the last fiscal with 33.4 percent increase in profit and 14 percent growth in net sales.
In a statement issued here, the company said it had posted a net profit of Rs.3,711 crore, a gain of 33.4 percent compared to 2013-14.
The company registered net sales (net of excise) of around Rs.48,605 crore, a gain of 14 percent over the previous year.
Last fiscal, the company sold a total of 1,292,415 units during the year, a growth of 11.9 percent over the previous year. Of this, exports were at 121,713 units, a gain of 20.1 percent.
The board of directors recommended a dividend of Rs.25 per share of face value Rs.5 for 2014-15.

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