Maruti Suzuki India Ltd.

In a bid to enhance its profitability and boost margins, Maruti Suzuki India, the country’s largest car maker is looking to trim down its import content by 20 per cent at the end of this financial year. The company is already in process of reducing import content to 16% from about 20% registered at the end of the last financial year.

The company reported over 3-fold jump in its net profit after tax at Rs 670.23 crore for the quarter as compared to Rs 227.45 crore for the same quarter in the previous year. Total income from operation of the company increased by 24.90% at Rs 10569.08 crore for quarter under review as compared to Rs 8461.75 crore for the quarter ended September 30, 2012.