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Maruti Suzuki gains on improvement in January auto sales

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Capital Market

Maruti Suzuki India's total sales rose 1.6% to 154,123 units in January 2020 from 151,721 units in January 2019.

The stock was currently trading 2.22% higher at Rs 7,065.

Maruti Suzuki India's total domestic sales stood at 144,499 in January 2020, up 1.7% from 142,150 units in January 2019. Exports rose 0.6% to 9,624 units in January 2020 from 9,571 units in January 2019.

Maruti's consolidated net profit rose 4.1% to Rs 1586.90 crore on a 3.8% increase in net sales to Rs 19655.50 crore in Q3 December 2019 over Q3 December 2018.

Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles).

 

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First Published: Feb 01 2020 | 10:57 AM IST

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