Maruti FY05 net zooms 57%

Maruti Udyog today reported a 57% increase in consolidated net profit at Rs 880.14 crore for the year ended March 31, 2005 as against Rs 560.94 crore in FY04.

According to a release issued by the company to the BSE today, total income increased to Rs 11,498.09 crore for the year ended March 31, 2005 from Rs 9,597.66 crore in FY04.

The board has recommended a final dividend of 40% i.e Rs 2 per share with a face value of Rs 5 per share aggregating Rs 57.78 crore for FY05, the release added.