Suzuki Motor Corp has reported 5.26% rise in its net income for the six-month period ended September 30, Business Standard website reported. The net income for the half year rose despite heavy production loss due to labour unrests at its best performing operations in India during the same period.
During the April-September period, the Japanese auto major’s net income rose 32.01 billion yen (about Rs 2,010 crore) from 30.41 billion yen (about Rs 1,910 crore) in the same period last year, the car maker said.
Net sales fell 6.82% to 1.23 trillion yen (about Rs 76,907 crore) from 1.32 trillion yen (about Rs 82,715 crore) it added. “The domestic economy is somewhat recovering from the stagnation following the Great East Japan earthquake, but it is exposed to a downward pressure from various factors including the flood in Thailand and a further appreciation of the yen,” the company said.
It also said the decreased sales in India have an impact on its net sales. Meanwhile, Maruti Suzuki India posted 59.81% fall in its net profit at Rs 240.44 crore for the quarter ended September 30, mainly due to production loss at Manesar because of labour unrest and foreign exchange loss.
Suzuki Motor Corporation is a Japanese multinational corporation headquartered in Hamamatsu, Japan. The automobile company specializes in manufacturing automobiles, all-terrain vehicles, outboard marine engines and other small internal combustion engines.



