The profit of the country’s largest car maker Maruti Suzuki for the last quarter has increased by almost 80 percent. The company has achieved a profit of about Rs 3,717 crore between July and September. Maruti Suzuki’s profit in the same period last year was Rs 2,062 crore. Maruti Suzuki has said that the main reason for the increase in profit is the strong demand for its Sports Utility Vehicles (SUV). Apart from this, the company has also benefited from some reduction in input costs. Maruti Suzuki has SUVs like Grand Vitara, Fronx, Jimny and Brezza. Demand for its utility vehicles like Ertiga has also increased. The company has launched Grand Vitara, Fronx and off-road SUV Jimny in the compact segment of SUV. Due to this, the sales of Maruti Suzuki have increased. In the first half of this year, sales of utility vehicles have been more than three lakh. Maruti Suzuki has more than 25 percent share in this segment. Recently the company had achieved the feat of selling 10 lakh automatic vehicles. Automatic transmission system is offered in 16 models of Maruti. Maruti had said that customers of its NEXA retail chain prefer high-end automatic variants. It accounts for about 58 percent of the company’s automatic car sales. Its automatic transmission systems include Auto Gear Shift (AGS), 4-speed automatic transmission (AT), advanced 6-speed automatic transmission and Electronically-Continuous Variable Transmission (e-CVT). The 5-speed AGS gearbox is offered in the company’s Alto K-10, S-Presso, Celerio, WagonR, Ignis, Swift, Dzire, Baleno and Fronx. Apart from this, 4-speed AT is available in Jimny and Ciaz and 6-speed AT with paddle shifters in Ertiga, Grand Vitara, Fronx, Brezza and XL6. The option of e-CVT is available in Grand Vitara and Invicto. Maruti had its highest monthly sales in a month in September. Last month the company’s sales were more than 1.81 lakh units. In the first six months of this financial year, the company’s sales in the country have crossed 10 lakh units. This is the first time that Maruti has crossed the sales mark of 10 lakh units in six months of a financial year.
Maruti Suzuki’s profit increased by 80 percent, strong demand for the company’s SUVs.
