Maruti Suzuki
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Maruti Suzuki India Reports 18% Decline in Q2 Net Profit, Totalling ₹3,069 Crore
As said by India's largest automaker, it is on account of the provision of Rs 837 crore owing to the withdrawal of indexation benefit and the change in tax rate on long-term capital gains on debt mutual funds as a part of the Finance Act 2024.
Maruti Suzuki Reports 47% Surge in Q1 Net Profit to ₹3,650 Crore
This was helped out by effective cost management, positive commodity prices, and revenues from foreign exchange. Maruti Suzuki net sales during the quarter were at ₹ 33,875.3 crores versus ₹ 30,845.2 crores in the three months ended December 2018.
Maruti Suzuki Q2 profit vrooms to Rs 3,716.5 cr
In a regulatory filing, the company said for the period ended September 30, its sales revenue stood at Rs 35,535.1 crore (Q2FY23 Rs 28,543.5 crore) and the net profit at Rs 3,716.5 crore (Rs 2,061.5 crore).
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