Maruti Suzuki India's June Quarter Standalone Profit Fell Sharply By 27.3 Percent

Maruti Suzuki India's June quarter standalone profit fell sharply by 27.3 percent year-on-year to Rs 1,435.5 crore despite three-fold jump in other income, dragged by lower volumes.

Revenue during the quarter degrew by 12.2 percent to Rs 19,719.8 crore compared to year-ago, with 18 percent YoY fall in sales volumes. The company sold 4.01 lakh units in June quarter.

Other income increased to Rs 836.4 crore in Q1, against Rs 271.8 crore in year-ago period.

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