NEW DELHI: Maruti Suzuki India on Tuesday reported an 18 per cent year-on-year dip in consolidated net profit to Rs 3,102 crore for the second quarter ended September 30, 2024 mainly on account of higher provisioning following the withdrawal of indexation benefit and changes in the long-term capital gains taxation.
The country's largest car-maker posted a net profit of Rs 3,786 crore in the July-September quarter of the last fiscal.
Its total revenue from operations increased to Rs 37,449 crore for the second quarter against Rs 37,339 crore in the year-ago period, Maruti Suzuki India (MSI) said in a regulatory filing.
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