News: Maruti Suzuki India Ltd (MRTI.NS)

MRTI.NS on National Stock Exchange of India

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Tue, Jul 28 2015

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Maruti Suzuki Q1 profit jumps 56 percent; lower costs, higher sales

NEW DELHI - Maruti Suzuki India Ltd, India's top-selling carmaker, said on Tuesday first-quarter net profit rose 56 percent helped by lower costs, favourable foreign exchange rates and higher sales, but still missed bullish analyst estimates.

UPDATE 1-India's Maruti Suzuki 1Q profit jumps 56 pct; lower costs, higher sales

* Eyes more sales in premium car segment (Adds details on earnings, new product launch)

India's Maruti Suzuki 1Q profit jumps 56 pct; lower costs, higher sales

NEW DELHI, July 27 - Maruti Suzuki India Ltd , India's biggest carmaker by sales, said on Tuesday first-quarter net profit rose 56 percent helped by lower costs, favourable foreign exchange rates and higher sales, but still missed bullish analyst estimates.

BRIEF-Maruti Suzuki India exec: investment in new dealerships to come from dealers, not company

* Exec says investment in new dealerships will come from dealers operating them, no investment by company

BRIEF-Maruti Suzuki India to start 100 new Nexa dealerships in next 6-8 mnths

* Says to open 100 new nexa dealerships across India in 6-8 months - statement

India's Maruti Suzuki June vehicle sales up 1.8 pct y/y

July 1 - Maruti Suzuki India Ltd's vehicle sales in June: JUNE 2015 JUNE 2014 PCT CHANGE TOTAL SALES 114,756 112,773 1.8 DOMESTIC SALES 102,626 100,964 1.6 PASSENGER CARS 86,630 86,223 0.5 EXPORTS 12,130 11,809 2.7 NOTE: Maruti Suzuki, controlled by Japan's Suzuki Motor Corp , is India's largest car maker by sales. (Reporting by Devidutta Tripathy in Mumbai; Editing by Sunil Nair)

TABLE-India's Maruti Suzuki May vehicle sales up 13.8 pct y/y

June 1 - Maruti Suzuki India Ltd's vehicle sales in May: May 2015 May 2014 Pct Change TOTAL SALES 114,825 100,925 13.8 DOMESTIC SALES 102,359 90,560 13.0 PASSENGER CARS 85,190 74,536 14.3 EXPORTS 12,466 10,365 20.3 NOTE: Maruti Suzuki, controlled by Japan's Suzuki Motor Corp , is India's largest car maker by sales. (Reporting by Devidutta Tripathy)

RPT-UPDATE 1-Maruti Suzuki to sharpen rural focus after Q4 earnings top forecasts

* To increase rural reach by 20 pct in the year started April 1

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