Maruti Suzuki India posted total sales of 160,442 units in September 2020. This is a growth of 30.8% over the same period previous year. The performance has to be seen in the context of lower base of September 2019.
Total sales include domestic sales of 150,040 units and 2,568 units for other OEMs.
In addition, the Company exported 7,834 units in September 2020.
With total sales of 393,130 units in Q2 (FY2020-21) the Company registered a growth of 16.2% over the same period previous year, on a lower base.
With this, the Company closed H1 i.e. April-September (FY2020-21) with total sales of 469,729 units a decline of 36.6% over H1 April-September (FY2019-20). Company's sales performance in the first half has to be seen in conjunction with COVID-19 related disruptions.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU