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Maruti Suzuki expects 6% rise in sales in the current financial year

20 Feb 2013 Evaluate

Maruti Suzuki, country’s largest car maker, is expecting six percent rise in sales in the current financial year ending next month. The company sells a variety of models, starting from M800 to imported Kizashi, at a price range starting from Rs 2,09,000 and going up to Rs 17.52 lakh, (ex-showroom, Delhi).

Last month, Maruti Suzuki India increased the prices of its vehicles across models by up to Rs 20,000 to offset the pressures of adverse currency fluctuation. It has reported 10.06% rise in total production for January 2013 at 122,936 units as against 111,700 units in the same month last year.

The company has reported 143.74% surge in its net profit at Rs 501.29 crore for the quarter ended December 31, 2012 as compared to Rs 205.62 crore for the same quarter in the previous year.

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