Maruti Suzuki September sales up 11 percent

Maruti Suzuki Tuesday reported an 11.7 percent rise in its September sales which rose to at 104,964 units from 93,988 units sold in last year’s corresponding month.

Exports during the period under review zoomed 180.8 percent, 14,565 units from 5,187 units shipped overseas during the same month of 2012.

Domestic sales were up 1.8 percent to 90,399 units during the month under review from 88,801 units sold in September 2012.

Mini-car segment that includes M800, Alto, A-Star and WagonR grew 4.9 percent at 41,061 units from 39,150 units sold in the same month of 2012.

Sale of compact cars Swift, Estilo and Ritz jumped by 16.9 percent at 20,828 units from 17,813 units duirng the corresponding month of 2012.

Sales of super compact cars segment, including Dzire, shot 42.9 percent at 16,768 units from 11,694 units sold in September 2012.

While there was no buyer for luxury sedan Kizashi during the month under review, sales of the mid-sized sedan SX4 plummeted 31.3 percent to 378 units from 288 units sold in September 2012.

Sale of utility vehicles Gypsy, Grand Vitara and Ertiga also dropped 63.2 percent to 2,657 units from 7,224 units sold in the corresponding period of last year.

The van segment (Omni and Eeco) declined 30.5 percent with 8,767 units from a sale of 12,620 units in September 2012.

The company’s scrip at the Bombay Stock Exchange was trading 1.33 percent or 18.05 points up at Rs.1,376 from its previous close of Rs.1,357.95 Monday.