Maruti Suzuki Makes Rs 1,012.8 Cr Net Profit In Q1; 130% Higher Than Previous Financial Year

In the current quarter (Q1) of the current financial year (2022-23), India's largest car manufacturer Maruti Suzuki India Limited reported a standalone net profit of Rs 1,012.8 crore. The amount is reportedly 130% higher in terms of year-on-year growth, compared to the previous financial year. The company reported a net profit of Rs 440.80 crore in the previous financial year, which was badly hit due to the COVID-19 pandemic.