Maruti Suzuki reports a decline of 3.04% in their profits of Q4 of FY 2011-2012

The compact car giant of India, Maruti Suzuki India, has reported a decline of 3.04 per cent in their revenue generation from sales for the fiscal year 2011-2012, which amounts to Rs.639.8 crore. The firm made a net profit in the very same period of the previous fiscal year of Rs 659.9 crore. The net sales of Maruti India has surged to about Rs.11,486.4crore in the fourth quarter in comparison to the Rs.9,796.7 crore in the previous fiscal year’s equivalent period. By the end of March 31, 2012 the firm made a net profit of 28.55 per cent that turned out to be Rs.1,631 crore opposite to the Rs.2,288.7 crore it made in the previous fiscal year. Evidently these figures show a very huge gap between the profit of 2011 and 2012 for sure.

Maruti Suzuki reports a decline of 3.04% in their profits of Q4 of FY 2011-2012
Maruti Suzuki’s actual net sales were calculated to Rs.34,705.9crorefor the fiscal year of 2011-2012 in complete opposition of the Rs.35,849 crore of the fiscal year of 2010-2011. The firm had a proposal to give out 150 per cent for the year 2011-2012 that came to Rs.7 per share on a face value of Rs.5 each share. When the dividend in 2010-2011 was paid, it was the same too. In the final quarter of 2011-2012, the firm made a sales of nearly 3,60,334 units when compared to the 3,43,340 units of the same period in 2012-2011. This shows a growth in sales of 4.9 per cent. Maruti Suzuki India is contemplating to turn the tables around with the immediately launched MPV of Maruti Ertiga. The bookings of Maruti Ertiga have already passed the volume of 15,000 within seven days of its launch in the global market of automobile.

Maruti Ertiga in India

With other cars of Maruti Suzuki India in the Indian automobile market, the much anticipated Maruti Ertiga has made a very visible wave that has been ripping apart its competitors since it has been launched globally this month. For a while, the firm had a slowdown in its sales because of the majority of its models are petrol based in the current automobile market. The rising price of petrol has also made people opt for the diesel fuel based cars where Maruti Suzuki India does not have enough diesel fuel based car models to offer to the Indian customers who are very cost conscious when it comes to fuel price. Whatever cars Maruti Suzuki offers in diesel fuel variants, the customers are not very satisfied with that for they do not offer as much comfort and features the other car manufacturers give through there diesel cars.

For compact cars, till now only Tata Nano has givenMaruti Suzuki India a tough competition, but when it comes to stylish compact cars at an affordable rate then Maruti Suzuki India still rules the automobile market of India.

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