Maruti Suzuki quarterly net profit declines 23 percent

July 28th, 2012 - 5:11 pm ICT by IANS  

Mumbai, July 28 (IANS) Automobile giant Maruti Suzuki Saturday posted a 23 percent decline in net profit at Rs.423.8 crore for the quarter ended June 30.

The company had earned a net profit of Rs.549 crore in the like period of the previous financial year, it said in a regulatory filing.

Total income stood at Rs.10,890.5 crore during the quarter under review against Rs.8,638 crore during the year-ago period, it added.

At the Bombay Stock Exchange, shares of the company Friday had closed at Rs.1,110.65.

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