Maruti Suzuki India, the largest passenger cars maker in India, disclosed a good increase in standalone net profit for the quarter ended June 2016. During the quarter, the profit of the company rose 23.02% to Rs 14,862 million from Rs 12,081.00 million in the same quarter previous year.
Revenues for the quarter rose 11.59% to Rs 149,273 million, compared with Rs 133,769 million for the prior year period.
Operating margin for the quarter stood at 14.84 percent as compared to 16.20 percent for the previous year period. Operating Income for the quarter was Rs 22,157.00 million, compared with Rs 21673 million in the previous year period.
Earnings per share for the quarter stood at Rs 49.20, registering 23.03% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 149,273.00 | 133,769.00 | 11.59 |
| Net Profit | 14,862.00 | 12,081.00 | 23.02 |
| Diluted EPS | 49.20 | 39.99 | 23.03 |
Shares of the company declined Rs 11.95, or 0.26%, to trade at Rs 4,538.65. The total volume of shares traded was 81,534 at the BSE (2.19 p.m., Tuesday).
