Maruti Suzuki reports Q1 net profit at Rs 475 crore

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30.

The auto major had posted a net loss of Rs 268 crore in the April-June quarter of 2020-21, MSI said in a regulatory filing.

Its total revenue from operations stood at Rs 17,776 crore in the first quarter as compared to Rs 4,111 crore in the year-ago period.

The company said it has sold a total of 3,53,614 vehicles during the first quarter.

Sales in the domestic market stood at 3,08,095 units, while exports were at 45,519 units.

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