Maruti net profit at Rs 440.8 crore

Chennai: Maruti Suzuki has posted its June quarter net profit at Rs 440.8 crore against a Rs 249.4 crore loss in the same quarter last year.

The carmaker said revenue for the quarter jumped more than four times to Rs 17,770.7 crore against Rs 4,106.5 crore in Q1FY21.

Q1FY22 EBITDA came at Rs 821 crore versus an EBITDA loss of Rs 863.4 crore last year. The numbers, however, came below market expectations.

The company sold a total of 3,53,614 units during the June quarter. Sales in the domestic market stood at 3,08,095 units while exports were at 45,519 units.

 

NT Bureau