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Maruti Suzuki Q1 net profit jumps 25.26 pct

Maruti Suzuki India,reported a 25.26 per cent jump in its Q1 net profit at Rs 583.54 crore.

The country’s largest carmaker,Maruti Suzuki India,reported a 25.26 per cent jump in its net profit for the quarter ended June 30 at Rs 583.54 crore.

The company had posted a net profit of Rs 465.85 crore in the April-June period in 2008,Maruti Suzuki India (MSI) said in a filing to the Bombay Stock Exchange.

Net sales during the first quarter also soared by 34.01 per cent to Rs 6,340.26 crore from Rs 4,731.03 crore in the year-ago period,it added.

MSI had sold 2,26,729 vehicles in the first quarter compared with 1,92,584 in the same period last fiscal,up 17.73 per cent.

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