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Maruti Suzuki Q4 net down 33.65 pc

New Delhi, Apr 24: Maruti Suzuki Ltd, the country's largest car maker, today said its net profit dipped 33.63 per cent at Rs 297.68 crore for the quarter ended March 2008, against Rs 448.56 crore in the corresponding quarter last year. The total income has increased 9.35 per cent to Rs 5,069.94 crore for the quarter ended March 2008 from Rs 4,636.14 crore in the same period a year ago.

The company's net profit increased 10.80 per cent to Rs 1,730.82 crore for the year ended March 2008, as compared to Rs 1,561.98 crore for the year ended March 2007. The total income has increased 23.41 per cent to Rs 18,823.75 crore for the year ended March 2008 from Rs 15,252.30 crore for the year ended March 2007.

The consolidated results of the group increased 12.69 per cent to Rs 1,789.89 crore for the year ended March 2008 as compared to Rs 1,588.26 crore for the year ended March 2007. The total income has increased 23.44 per cent to Rs 19,121.39 crore for the year ended March 2008 from Rs 15,489.40 crore for the year ended March 2007.

UNI

Maruti Suzuki to hike prices of all models

New Delhi, Jan 31: Country's largest car maker, Maruti Suzuki Ltd is likely to hike prices across all models by Rs 2,000- 12,000. ''This comes in the backdrop of increasing input costs which has been affecting its margin,'' revealed an official source. Maruti Suzuki had released five new models last year, amid increased competition from domestic and foreign car makers. Maruti accounts for around 50 per cent of all passenger car sales in India, where robust demand is predicted to.....
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