Maruti Udyog net spurs 39.10 pc to Rs 360 cr

Mumbai, April 26: Maruti Udyog Ltd (MUL) has posted 39.10 per cent increase in net profit after tax to Rs 360.92 crore for the quarter ended March 31 as compared to Rs 259.45 crore for the similar quarter in the previous fiscal.

Announcing the results, the company said its total income has increased by 7.13 per cent to Rs 3,392.27 crore for Q4 FY 05-06 from Rs 3,139.73 crore in Q4 FY 04-05.

It has posted 39.29 per cent rise in the net profit to Rs 1,189.05 crore for the year ended March 31, as compared to Rs 853.63 crore for the year ended March 31 last year.

Total income has increased by 10 per cent to Rs 12,481.43 crore for FY 05-06 from Rs 11,346.57 crore in FY 04-05.

The board of directors at their meeting considered and recommended a final dividend aggregating to Rs 101.12 crore, ie 3.50 per share (nominal value Rs 5.00 per share) for the financial year 2005-06.

UNI