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Maruti Suzuki Q4 profit flat at Rs.660 crore
25 April, 2011
Maruti Suzuki, India's largest car maker, said Monday its
profit rose marginally by half a percent to Rs.659.9 crore
(Rs.6,599 million) in the fourth quarter of 2010-11.
The company's total income grew 19.19 percent at Rs.10,212.1
crore in January-March 2011 quarter, Maruti Suzuki said in a
For the whole financial year 2010-11, the company posted a net
profit of Rs.2,288.6 crore, which is 8.4 percent lower than
its profit the previous year.
"The company's profit was impacted by adverse currency
movement, particularly on exports, higher commodity prices and
new model launches," a statement said.
Maruti Suzuki was trading 1.56 percent higher at Rs.1,327 at
the Bombay Stock Exchange in the closing hour of trading