Maruti Suzuki India Ltd.

Maruti Suzuki India Planning to source diesel engines from Fiat to accomplish its domestic requirement. The company has determined not to make additional big investments in power trains in the absence of a fuel pricing policy. Presently, it is exploring the possibility of sourcing diesel engines from somebody else, as making a big investment in expanding its engine capacity is not prudent in this situation.

The entity is in the process of homologation of the diesel engine from Fiat and it will take around two to three months.

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.