122.70 (0.77%) Maruti is expected to see its supply of diesel engine improve from about 20,000 units per month currently to 25,000 units by January 2012, and that should help improve its vehicle sales volume in the months ahead. Also, the company has received bookings for nearly 100,000 units of its recently-launched new Swift model, which should also help revive sales numbers, in the medium term. The company may raise prices in the new calendar year, to offset the impact of rupee depreciation. And while global non-ferrous and steel product prices have shown signs of easing, local automobile players have been adversely impacted by the near 17% depreciation of the rupee since the beginning of August.
Earlier, the company's operating profit margin declined 420 basis points y-o-y to 6.3% in the second quarter of FY12. The company's vehicle sales also fell 53.3% y-o-y in October, given the impact of the recent strike at its facilities. Also, it is expecting its Manesar plant in north India to run at full capacity by January, producing 800 cars a day.