Maruti Udyog Q1 net profit up at Rs.499.6 Crores

Maruti Udyog Ltd has announced the following Unaudited results for the quarter ended June 30, 2007.

The Company has posted a net profit after tax of Rs 4996.00 million for the quarter ended June 30, 2007 as compared to Rs 3695.70 million for the quarter ended June 30, 2006. Total Income (net of excise) has increased from Rs 32687.70 million for the quarter ended June 30, 2006 to Rs 41540.70 million for the quarter ended June 30, 2007.

The company has reported an Earnings Per Share (EPS) of Rs. for the Quarter ending June 30, 2007 compared to Rs. for Quarter ending June 30, 2006.

The stock was trading at Rs.839, up by Rs.29 or 3.63%. The stock hit an intraday high of Rs.847 and low of Rs.814.15. The total traded quantity was 195258 compared to 2 week average of 98520.

Source : Equity Bulls

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