Maruti Suzuki's profit increased more than 4 times, the highest ever sales, the company's shares at a new high.

 


Maruti Suzuki made a net profit of Rs 2061.5 crore in the September 2022 quarter. Maruti Suzuki's profit has increased by more than 4 times as compared to the same period last year. The country's largest car company, Maruti Suzuki, has made a net profit of Rs 2061.5 crore in the September 2022 quarter. Maruti Suzuki's profit has increased by more than 4 times as compared to the same period last year. Maruti Suzuki had a profit of Rs 475.3 crore in the September quarter of last year. Maruti Suzuki's revenue grew 46% to Rs 29,931 crore in the July-September 2022 quarter.

 

 


Car sales exceed 5 lakh units.


Maruti Suzuki's total sales volume in the September 2022 quarter was 36% higher than in the same period last year. The company sold 517,395 cars in the September 2022 quarter. This is the highest in any quarter. The domestic sales of the company stood at 4.54 lakh units. At the same time, the company has exported 63195 units. The company says that the pending customer orders at the end of the September quarter stood at 4,12,000 units, out of which around 130,000 vehicles are pre-booked, which are of the recently launched models.

 

 

Maruti Suzuki shares hit a new 52-week high.


Maruti Suzuki shares have seen a good rise after the spectacular results. Maruti Suzuki shares hit a new 52-week high on Friday, October 28, 2022. The shares of the automobile company reached a level of Rs 9548 during the day's trading. At the end of trading, shares of Maruti Suzuki closed at Rs 9494.10 with a gain of 5% on the Bombay Stock Exchange. This is the biggest gain in the shares of Maruti Suzuki in the last 4 months.

 

The performance information given here is for informational purposes only and it is not investment advice. Investing in the stock market is subject to risks, and please consult your advisor before investing.

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