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Maruti Suzuki Growth In Net Profit
Adding, the total income from operations during the fourth quarter of the last fiscal increased by 18.93 percent to Rs 10,092.18 crore from Rs 8,485.83 crore in the same period previous fiscal.
For the complete 2010-11 financial year, Maruti Suzuki India consolidated net profit turned down by 9.23 percent to Rs 2,382.37 crore from Rs 2,624.64 crore in FY10. And the consolidated total income from operations during last fiscal went up by 24.75 percent to Rs 37,578.48 crore from Rs 30,122.51 crore in 2009-10. As per MSI, it sold a total of 12,71,005 vehicles in FY11 as against 10,18,365 units in the previous fiscal which is 24.81 percent increase.
The exports for the year have got dropped by 6 percent, affected by the uncertain economic conditions of Europe and the company"s operations has not quite affected by the Japan crisis.
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