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What is Maruti Suzuki Q3 FY08 Financial Results about?

Maruti Suzuki reported its financial results for the third quarter of fiscal year 2008, with increases in key financial figures from the same quarter last year. Net sales were up 27% and EBITDA rose 23% year-over-year. Domestic vehicle volumes increased 15% while exports rose 52% over the prior year. The market share increased to 58.49%, up 1.14% from the previous year. Going forward, passenger vehicle industry growth is expected to remain under pressure from higher interest rates and a high prior year base

Author

Hemant Raj Dixit

Language

EN