NEW DELHI: The country's greatest automotive maker Maruti Suzuki India (MSI) on Thursday reported a 4.6 in line with cent decline in internet profit to Rs 1,795.6 crore for the fourth quarter of the 2018-19 fiscal.
The company had posted a internet profit of Rs 1,882.1 crore within the January-March period of 2017-18, MSI said in a commentary.
Net gross sales all the way through the quarter rose to Rs 20,737.5 crore, up marginally over the year-ago period.
Total automotive gross sales dips marginally to 4,58,479 devices all the way through the quarter under evaluation, the corporate said.
For all of the 2018-19 fiscal, MSI posted a internet profit of Rs 7,500.6 crore, down 2.nine in line with cent from the former fiscal.
Net gross sales closing fiscal stood at Rs 83,026.5 crore, a upward push of 6.3 in line with cent from 2017-18.
Total volume gross sales all the way through 2018-19 had been up 4.7 in line with cent to 18,62,449 devices. Of this, 1,08,749 devices had been exported, the corporate said.
The company said that the quarter was once marked by way of hostile foreign currencies rates and commodity prices, upper depreciation and better gross sales promotion bills. It was once in part offset by way of cost reduction efforts.
The board of administrators of the corporate has additionally beneficial a dividend of Rs 80 in line with share for 2018-19.
MSI shares had been trading 0.04 in line with cent decrease at Rs 7,021.50 apiece at the BSE.
The company had posted a internet profit of Rs 1,882.1 crore within the January-March period of 2017-18, MSI said in a commentary.
Net gross sales all the way through the quarter rose to Rs 20,737.5 crore, up marginally over the year-ago period.
Total automotive gross sales dips marginally to 4,58,479 devices all the way through the quarter under evaluation, the corporate said.
For all of the 2018-19 fiscal, MSI posted a internet profit of Rs 7,500.6 crore, down 2.nine in line with cent from the former fiscal.
Net gross sales closing fiscal stood at Rs 83,026.5 crore, a upward push of 6.3 in line with cent from 2017-18.
Total volume gross sales all the way through 2018-19 had been up 4.7 in line with cent to 18,62,449 devices. Of this, 1,08,749 devices had been exported, the corporate said.
The company said that the quarter was once marked by way of hostile foreign currencies rates and commodity prices, upper depreciation and better gross sales promotion bills. It was once in part offset by way of cost reduction efforts.
The board of administrators of the corporate has additionally beneficial a dividend of Rs 80 in line with share for 2018-19.
MSI shares had been trading 0.04 in line with cent decrease at Rs 7,021.50 apiece at the BSE.
Maruti Q4 net profit dips 4.6% to Rs 1,795.6 crore
![Maruti Q4 net profit dips 4.6% to Rs 1,795.6 crore]()
Reviewed by Kailash
on
April 25, 2019
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