Maruti Suzuki logs 33% Profit Growth; Net Sales up by 14%

New Delhi, April 27: Passenger car major Maruti Suzuki India Ltd on Monday said it had closed the last fiscal with 33.4 percent increase in profit and 14 percent growth in net sales. In a statement issued here, the company said it had posted a net profit of Rs.3,711 crore, a gain of 33.4 percent compared to 2013-14.

The company registered net sales (net of excise) of around Rs.48,605 crore, a gain of 14 percent over the previous year. Last fiscal, the company sold a total of 1,292,415 units during the year, a growth of 11.9 percent over the previous year. Of this, exports were at 121,713 units, a gain of 20.1 percent. The board of directors recommended a dividend of Rs.25 per share of face value Rs.5 for 2014-15. (IANS)