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This is an archive article published on October 24, 2009

Maruti Suzuki Q2 net profit jumps over two-fold

Maruti Suzuki India,reported nearly two-fold jump in its net profit for second quarter.

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The country’s largest car maker,Maruti Suzuki India,reported nearly two-fold jump in its net profit for the second quarter of FY’10 at Rs 570 crore.

The company had a net profit of Rs 296.12 crore during the same quarter of last fiscal,Maruti Suzuki India (MSI) said in a statement.

It also reported 46.67 per cent jump in its net sales for the quarter ended September 30,2009,at Rs 7,049.58 crore,against Rs 4,806.26 crore during the corresponding quarter of 2008-09,the company added.

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