Maruti Suzuki rises after Oct sales jump 19% YoY

Image
Capital Market
Last Updated : Nov 02 2020 | 9:50 AM IST

Maruti Suzuki India rose 0.52% to Rs 6992.30 after the car major's total auto sales jumped 18.9% to 182,448 units in October 2020 from 153,435 units sold in October 2019.

Sequentially, the total sales have improved by 13.7% from 160,442 vehicles sold in September 2020.

While the total domestic sales increased by 19.8% to 172,862 units, total exports rose by 4.7% to 9,586 units in October 2020 over October 2019.

Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles).

The company's net profit rose 1% to Rs 1371.60 crore on 9.7% increase in net sales to Rs 17,689.30 crore in in Q2 FY21 over Q2 FY20.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 02 2020 | 9:22 AM IST

Next Story