Maruti Udyog Q1 net up 32%

Maruti Udyog today reported a 32% increase in net profit at Rs 226.46 crore for the first quarter ended June 30, 2005 as against Rs 170.92 crore in Q1FY05.

According to a release issued by the company to the BSE today, total income increased to Rs 2,725.37 crore in Q1FY06 from Rs 2,568.22 crore in Q1FY05.

The company redeemed Rs 200 crore, 11.2% non-convertible debentures - series I (redeemable at par) on July 25, 2005, the release added.