Maruti Posts Record Sales in June

author image Rishi
Friday 03 July 2009, 00:00 AM

Maruti Suzuki India Limited reported 23 percent increase in its sales at 75,109 units against 61,247 units in the same month last year. The domestic sales figure saw a growth of 9.51 per cent to 61,773 units in June from 56,411 units in the same month last year, while exports rose by nearly three-fold to 13,336 units compared to 4,836 units in the year-ago period, Maruti Suzuki India (MSI) said in a statement.

For nearly six months in a row, the company has recorded sales figures of more than 70,000 units each month. Last month it recorded the highest export in the current calendar year. Maruti's exports surged over 175 per cent to 13,336 vehicles, from 4,836 a year earlier. "Sales data showed the highest ever monthly export volume in the company's history," a statement to the Mumbai stock exchange. "Since its first shipment in January 2009, the A-star has led company's exports. A-star has met overwhelming customer response in European markets like Germany, UK, Netherlands, Spain and France," said the press release.

Maruti Suzuki India Limited is currently India’s largest car manufacturer and the second largest car exporter. It reported net profit of Rs 2.43 billion (48 million dollars) in the three months to March, from Rs 2.98 billion a year earlier.

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