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Back in Black: Maruti Suzuki's Q1FY22 net profit at Rs 440.8 cr
TIWN
Back in Black: Maruti Suzuki's Q1FY22 net profit at Rs 440.8 cr
PHOTO : TIWN

New Delhi, July 29 (TIWN) Automobile major Maruti Suzuki on Tuesday reported a net profit of Rs 440.8 crore for Q1FY22.

The automobile major had reported a net loss of Rs 249.4 crore in Q1FY21.  “The profit for the Quarter 1 FY 2021-22 was primarily impacted due to lower sale volumes. Commodity prices increased steeply but the company continued to make efforts to reduce costs,” the company said in a statement.

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