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Maruti Suzuki’s November sales drops 18.5%

01 Dec 2011 Evaluate

Maruti Suzuki (India), the largest car maker  of the country has sold a total of 91772 vehicles in the month of November 2011, down by 18.5% as compared to 112554 vehicles in November 2010. This includes 8902 units of exports during the month.

The sales in A-Passenger Vehicles segment dropped by 16.6% to 73078 units and the sales in C-segment registered a fall of 34.5% while, the sales in B-segment tumbled by 9.5%.

The company’s net profit has declined by 59.81% at Rs 240.44 crore as compared to Rs 598.24 crore for the quarter ended September 30, 2010. The company’s total income has decreased by 14.36% at Rs 7949.36 crore for the second quarter of the current fiscal whereas the same was at Rs 9282.30 crore for the corresponding quarter of the previous fiscal.

 

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