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Maruti Suzuki Q4 Results: The consolidated net profit of the country’s largest car company Maruti Suzuki India increased by 42.7 percent in the March 2023 quarter. The company gave this information on Wednesday. The company had earned a net profit of Rs 1,876 crore in the March quarter of the previous financial year 2021-22. The company’s net sales increased from Rs 26,749 crore to Rs 32,060 crore in the quarter under review.
The company told, due to which the profit increased
Maruti Suzuki India’s integrated net profit for the entire financial year 2022-23 stood at Rs 8,211 crore. In the financial year 2021-22, this figure was Rs 3,879 crore. The net sales of the company also increased from Rs 88,330 crore to Rs 1,17,571 crore during the financial year. The company’s stock was trading flat at Rs 8,475 on the BSE. The company said its profit increased due to improved sales, better realizations and favorable foreign exchange movements.
All Maruti Suzuki vehicles to meet stricter emission norms
All vehicles of Maruti Suzuki India will now conform to the stringent emission norms. The company has upgraded its entire range of vehicles with an aim to strictly comply with the emission norms under the BS-VI regime. The company said in a statement on Tuesday that all hatchbacks, sedans, MPVs, SUVs and commercial vehicles will now be compliant with the new BS-VI phase II real driving emission regulation. Also, it is compatible with E-20 fuel i.e. fuel with 20 percent ethanol blend. Let us tell you that the mainstay of the second phase of BS-VI norms is actual driving emission regulation.
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