Maruti Q3 net down 63.6 pc at Rs 205.6 crore

Jan 23, 2012 |

New Delhi

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The country's largest car-maker Maruti Suzuki India on Monday reported a 63.6 per cent fall in net profit for the quarter ended December 31, 2011, to Rs 205.6 crore.

The company had posted a net profit of Rs 565.17 crore for the corresponding period last financial year, Maruti Suzuki India (MSI) said in a statement.

The company's net sales declined by 17.4 per cent to Rs 7,663.6 crore during the quarter under review from Rs 9,276.73 crore in the year-ago period, it added.

Reacting to the numbers, MSI shares fell 1.24 per cent to Rs 1,085.50 per scrip on the BSE.

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