Maruti Q3 net down 63.6% at₹205.6 crore

The country's largest car-maker Maruti Suzuki India on Monday reported a 63.6% fall in net profit for the quarter ended December 31, 2011, to ₹205.6 crore.

The company had posted a net profit of ₹565.17 crore for the corresponding period last financial year, Maruti Suzuki India (MSI) said in a statement.

The company's net sales declined by 17.4 per cent to ₹7,663.6 crore during the quarter under review from ₹9,276.73 crore in the year-ago period, it added.

Reacting to the numbers, MSI shares fell 1.24% to ₹1,085.50 per scrip on the BSE.