Maruti Suzuki Q1 Results: How Indias largest carmaker performed - Top highlights from April-June FY 2019-20 period
The results were made public after the Board of Directors of Maruti Suzuki India Limited approved the financial results for the period April-June, FY 2019-20 (Quarter 1).
India's largest carmaker Maruti Suzuki on Friday declared its Financial Results for Q1 (April-June), FY 2019-20. The results were made public after the Board of Directors of Maruti Suzuki India Limited approved the financial results for the period April-June, FY 2019-20 (Quarter 1). Here are the top highlights:-
- The Company sold a total of 402,594 vehicles during the Quarter.
- This 402,594 vehicle figure is lower by 17.9% compared to the same period previous year
- Sales in the domestic market stood at 374,481 units, lower by 19.3%
- Exports were at 28,113 units
- During the Q1 FY 2019-20, the Company registered Net Sales of Rs. 187,352 million, lower by 14.1% compared to the same period previous year
- Net profit for the Quarter stood at Rs 14,355 million, lower by 27.3% compared to the same period previous year largely on account of lower sales volume and higher depreciation expenses.
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