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Low base recovery: Maruti Suzuki's Sept sales zoom over 30%

Thursday - October 1, 2020 12:25 pm , Category : BUSINESS
New Delhi, Oct 1 (IANS) Automobile major Maruti Suzuki on Thursday reported a rise of over 30 per cent in its total sales for September.
Accordingly, the company's total sales rose to 160,442 units in September 2020 from 122,640 units sold during the corresponding month of last year.
"This is a growth of 30.8 per cent over the same period previous year. The performance has to be seen in the context of lower base of September 2019," the company said in a statement.
"Total sales include domestic sales of 150,040 units and 2,568 units for other OEMs. In addition, the company exported 7,834 units in September 2020.
"However, the company's sales during the first half of FY21 declined by 36.6 per cent
to 469,729 units over H1 April-September (FY2019-20).
"Company's sales performance in the first half has to be seen in conjunction with Covid-19 related disruptions," the statement said.

--IANS rv/sdr/