Maruti Suzuki's November sales up 10 pc

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SME Times News Bureau | 01 Dec, 2015
Leading passenger automobile manufacturer Maruti Suzuki on Tuesday reported a 9.7 percent rise in its sales for last month.

The company sold 120,824 units during the month under review from an off-take of 110,147 units in the corresponding month of 2014.

The automobile manufacturer's sales during October rose by 29.1 percent year-on-year to 134,209 units.

Domestic sales during the month under review increased by 10.6 percent at 110,599 units from 100,024 units sold during November 2014.

Exports went up by one percent in the month under review with 10,225 units being shipped out -- up from 10,123 units sold abroad during the corresponding month of 2014.

The sales of passenger car segment surged 8.7 percent to 89,479 units sold during last month - from 82,306 units in the like period of 2014.

The company's passenger car segment comprises of brands like Alto, WagonR, Swift, Ritz, Celerio, Baleno, Dzire, Dzire Tour, SX4 and Ciaz.

The off-take of utility vehicles which comprises of brands like Gypsy, Ertiga and S-Cross rose by 57.5 percent at 8,688 units from sales of 5,515 units during November 2014.

The sales in the van segment, which includes Omni and Eeco, increased by 1.9 percent at 12,432 units from an off-take of 12,203 units in the corresponding month of previous year.

The company's scrip at the Bombay Stock Exchange (BSE) was up by 0.31 percent at Rs.4,562.60 around 1.00 p.m. from its previous close of Rs.4,576.70 on Monday.