Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14200.70
-400.85 (-2.75%)
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Maruti Suzuki unveils Concept IGNIS and Concept BALENO RS for India

Date: 04-02-2016

Maruti Suzuki India (MSIL), India's leading passenger vehicle manufacturer, has unveiled Concept Ignis and Concept Baleno RS on the second day of Delhi Auto Expo 2016. The company has also showcased its new-generation platform which is lighter but also more rigid than conventional platforms. It enables the vehicle to balance safety, fuel efficiency and superior driving performance.

The company also unveiled the 1.0 BOOSTERJET direct injection turbo engine. This new engine punches far above its weight and displacement to deliver amazing power, torque and road speed. Through these new products, technologies and innovations, the company showcased its future line-up for Indian customers. The production models of Ignis and Baleno RS will be launched in India in the festival season.

Maruti Suzuki India, country’s largest car maker, has reported 27.06% rise in its net profit after tax at Rs 1019.30 crore for the third quarter as compared to Rs 802.20 crore for the same quarter in the previous year. The company’s total income has increased by 18.96% to Rs 15113.40 crore for the quarter under review from Rs 12704.70 crore for the corresponding quarter of the previous year.