Maruti Suzuki : Q3FY17 results

Bhagyashree Vivarekar / 25 Jan 2017

Maruti Suzuki : Q3FY17 results

The company reported PAT of Rs 1744.5 crore, which represents a sequential QoQ decline of 27.25 per cent and a YoY increase of 47.46 per cent.

Maruti Suzuki India Ltd. reported its results for the quarter ended December 31, 2016 during market hours today.

The total sales for Q3FY17 came in at Rs 19173.1 crore, representing a 5.54 per cent sequential decline and 13.06 per cent YoY increase.Its operating profit (EBIT) for the quarter amounted to Rs 1854.1 crore and the EBIT margin stood at 9.67 per cent.

The company reported PAT of Rs 1744.5 crore, which represents a sequential QoQ decline of 27.25 per cent and a YoY increase of 47.46 per cent.

The company's stock, which opened for trading at Rs 5739 on the BSE, has risen 0.72 per cent and is currently trading around Rs. 5780.5.

Maruti Suzuki India Ltd is an Indian car passenger company having 15 brands and over 150 variants, viz. Maruti 800, people movers, Omni and Eeco, international brands Alto, Alto-K10, A-star, WagonR, Swift, Ritz and Estilo, off-roader Gypsy, SUV Grand Vitara, sedans SX4, Swift DZire and Kizashi. It has two manufacturing units located in Gurgaon and Manesar. The company is also engaged in pre-owned car sales, fleet management and car financing.

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