Maruti Suzuki net profit up 10.8% in 2007-08 ~ Auto Guru India - Junction of News, Auto Reviews, Advice

Apr 24, 2008

Maruti Suzuki net profit up 10.8% in 2007-08

New Delhi - Car market leader Maruti Suzuki India Limited today announced its financial results for the quarter ending March 31, 2008 and for the full year 2007-08.

Fiscal 2007-08:
The company’s Total Income (Net of Excise) for the year 2007-08 climbed to Rs 188,238 million. This is the highest Total Income (Net of Excise) ever in the company’s history, and marks a growth of 23.4 per cent over 2006-07.

Net Profit during the year stood at Rs 17,308 million, up 10.8 per cent over 2006-07. This is despite a more stringent depreciation policy adopted voluntarily by the company with effect from 1st April 2007.

The company’s EBDITA for the year stood at Rs 31,308 million, a growth of about 21 per cent over the previous year.


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