At 2:10 pm, Maruti Suzuki shares were trading lower by 1.96 per cent on the BSEMaruti Suzuki shares have actually shed 2 percent in a strong market a day after the nation's largest cars and truck maker published its numbers for the quarter ended June 2021.
On Wednesday, the auto major reported a net revenue of Rs 440.8 crore for the quarter ended June 2022, compared to a bottom line of Rs 249.4 crore in the matching quarter in 2015.
At 2:10 pm, Maruti Suzuki shares were trading at Rs 7010, lower by 1.96 per cent, on the BSE.Maruti Suzuki's production and sales in the first quarter of the present fiscal were affected by the 2nd wave of the COVID-19 pandemic, the company stated in a regulatory filing to the stock exchanges.Maruti Suzuki's total earnings in the June quarter stood at Rs 18.2 crore, compared to Rs 5.4 crore in the year-ago duration, and Rs 24.11 crore in the preceding January-March quarter.The company's earnings from operations for the June quarter stood at Rs 17,770.7 crore in the June quarter, compared to Rs 4,106.5 crore in the very same quarter in 2015, marking a growth of 332.72 per cent year-on-year.
The BSE Sensex was trading at 52,692.07, higher by 247 points or 0.49 percent and the NSE Nifty was at 15,788.50, up 0.51 percent at the time.