The net profit of the country's largest carmaker Maruti Suzuki India Limited (Maruti Suzuki) has increased more than double in the last 3 months. The company on Tuesday released its December 2022 (Q3 FY23) results.
In this, it was told that the company has earned a net profit of Rs 2,351 crore in the last quarter. This is more than double the net profit of Rs 1,011 crore in the year-ago December quarter (Q3 FY22).The net profit of the country's largest carmaker Maruti Suzuki India Limited (Maruti Suzuki) has increased more than double in the last 3 months. The company on Tuesday released its December 2022 (Q3 FY23) results.
In this, it was told that the company has earned a net profit of Rs 2,351 crore in the last quarter. This is more than double the net profit of Rs 1,011 crore in the year-ago December quarter (Q3 FY22).
Maruti crossed the highest level of total sales in the year 2022. The company sold 19,40,067 vehicles during this period. At the same time, exports also reached a record level of 2,63,068 units. Cumulative production also stood at a record level of 25 million units during this period. Sales network reaches 3,500 outlets.
Maruti Suzuki shares were trading higher by over 2% at Rs 8,595 on the BSE on Tuesday afternoon. The auto stock is up more than 7% over the one-year period. The stock has gained 5% in the last one month.
