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Record sales drive Maruti Suzuki Q2 net to over 4-fold rise at Rs 2,112.5 cr

Maruti Suzuki India on Friday, October 28,  reported an over four-fold increase in consolidated net profit to Rs 2,112.5 crore in the second quarter that ended September 30, 2022, riding on record sales. The company had posted a consolidated net profit of Rs 486.9 crore in the same period last fiscal, Maruti Suzuki India Ltd (MSIL) said in a regulatory filing. Total revenue from operations was at Rs 29,942.5 crore as against Rs 20,550.9 crore in the year-ago period. MSIL said it sold a total of 5,17,395 vehicles during the quarter, its highest ever in any quarter.

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