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On Tuesday, Maruti Suzuki has reported a 12 percent year-on-year (YOY) decline in the net profit to Rs 1,130 crore for the march quarter.
During last year in the corresponding quarter, the company had posted Rs 1,284 crore profits.
This has been first in two years when the largest domestic carmaker has reported a decline in the net profit.
The numbers were impacted on account of higher expenses and production loss due to civil unrest near its factory.
The net sales of company rose 15.27 percent to Rs 15,300 crore as compared to Rs 13,273 crore of the previous year’s quarter.
A dividend of Rs 35 per share has been declared by the company.
