-287.50 (-1.78%) In a bid to enhance its marketing and distribution efficiency, Maruti Suzuki India, the country's largest car-maker is in the process of commissioning stockyards across the nation. The stockyards will help the company to reduce the time-frame in distributing the vehicles to the dealers and bring in more efficiency. The stockyards would have a capacity to stock 10,000 vehicles.
The company also plans to set up similar stockyards in eastern and central market. The company already has a stockyard in Gurgaon serving the northern region.
Maruti Suzuki’s net profit for the quarter registered growth of 18.02% at Rs 549.23 crore as compared to Rs 465.36 crore for the corresponding quarter of the previous year. Its total income increased by 3.56% to Rs 8709.37 crore for the quarter under review from Rs 8409.62 crore for the quarter ended June 30, 2010 ended June 30, 2011.