New Delhi, April 27
The country’s largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 6.14% decline in consolidated net profit at Rs 1,241.1 crore for the fourth quarter ended March 31, 2021.
The auto major had posted a net profit of Rs 1,322.3 crore in January-March quarter of 2019-20, MSI said in a regulatory filing. However, revenue from sale of products stood at Rs 22,959.8 crore as compared with Rs 17,187.3 crore earlier, up 33.58%.
The company said it sold a total of 4,92,235 vehicles during the fourth quarter, higher by 27.8% as compared to the same period previous year.
The company’s Board recommended a dividend of Rs 45 per share (face value of Rs 5 per share) for FY 2020-21. — PTI