Maruti Suzuki’s success story in India continues to roll. Not content with a market share of more than 50%, the company has just recorded its highest ever sales in a quarter. 

Domestic sales volume grew by 36.8% to 299,527 units, led by the Alto, Wagon R and Swift. The automaker registered its highest ever sales in India with 107,555 units in October 2010. In November, domestic sales reached 102,503.

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For the third quarter of fiscal 2010-11 (October-December) Maruti Suzuki achieved net sales of INR92,767m, growth of 26.5% year on year. 

Net sales in the July-September 2010 quarter were INR89,371m. Net profit during the third quarter was INR5,652m.

The company said the third quarter this year compared to the same period a year ago was marked by pressure on margins primarily due to adverse foreign exchange movement and higher royalty payout. Increase in commodity costs during the quarter also impacted margins.

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