 "Maruti Suzuki")
Shares of Maruti Suzuki India (MSIL) dipped nearly 3 per cent to Rs 6,965 on the BSE in intra-day trade on Thursday, down 4 per cent in past two trading days, after the car and utility vehicles company reported disappointing numbers for the quarter ended June 2021 (Q1FY22).
The company’s total operating income declined 26 per cent quarter-on-quarter (QoQ) to Rs 17,771 crore in Q1FY22, due to a 28 per cent volume decline to 3.53 lakh units. Profit after tax (PAT) declined 62 per cent QoQ to Rs 441 crore. It had posted a loss of Rs 249 crore in the
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