Maruti Suzuki Q4 net soars 60% to Rs 1,284 cr
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Four-wheeler manufacturer Maruti Suzuki reported a 60% jump in net profit at Rs 1,284 crore for the quarter ending March 2015 as against Rs 800 crore in the same period a year ago.
The company said that higher volumes, lower material cost Contributed to its bottomline in Q4.
The revenue increased 12% to Rs 13,273 crore from Rs 11,818 crore in March 2014. The other income was however down 20% at Rs 320 crore as against Rs 398 crore a year ago.
The company sold 12.9 lakh units in FY15, up 11.9% on yearly basis.
The company announced a dividend of Rs 25 per share.
On Monday, the Maruti suzuki scrip was trading 2% higher in the afternoon trade at Rs 3,620 on the BSE.
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