Corona impact on Maruti Suzuki's earnings

Maruti Suzuki's total sales in the first quarter of the current financial year were Rs 3,677.5 crore, compared to the same quarter of the previous financial year 18,735.2 crores. Company in the first quarter of the financial year sold a total of 76,599 vehicles.

Of this, 67,027 vehicles were sold in the domestic market, while 9,572 vehicles were exported by the company. In its statement, Maruti Suzuki stated that production at its factories was disrupted during the lockdown.

There was also no sale during this period. Production and sales started partially in May. The company said that the safety of employees, customers, and all partners involved in the value chain has priority.

COVID-19 Fallout: Maruti Suzuki Reports Q1 Loss of Rs 249 Crore