Maruti Suzuki boosted net profit 20.7% to INR7,623m in the first quarter of fiscal 2014/15.
The automaker cited cost reduction, more locally made parts, volume growth and favourable foreign exchange for the rise.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Unit sales rose 12.6% to 299,894 during the quarter. Sales in India rose 10.3% to 270,643 while exports were up 38.7% to 29,251.
Revenue was up 10.8% to INR110,735m.
