Maruti Suzuki India financials for the fiscal quarter ended 31 March 2013 included the effect of the merger of Suzuki Powertrain India (SPIL) and results for the full year included a 41% rise in net profit.

Fiscal 2012-13

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Sales reached INR426.13bn (US$7.87bn). Excluding the SPIL merger, sales rose 21.3% year on year to INR421.23bn.

Net profit was INR23.92bn. Excluding the effect of the merger, net profit rose 40.6% to INR23bn.

Fourth quarter 2012-13

Fiscal Q4 sales were INR130.56bn. Excluding the merger, sales rose 9.4% to INR125.67bn.

Net profit was INR12.4bn. Excluding the merger, net profit rose 79.8% to INR11.48m.

“The increase in net profit during the quarter was because of higher sales of new models such as Ertiga, DZire and Swift, cost reduction and localisation efforts and the benefit of a favourable exchange rate,” Maruti said in a statement.

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