India: Maruti Suzuki passenger vehicles sales up 19% y-o-y in Oct’20

Maruti Suzuki India Ltd (MSIL) reported 19% increase in its Oct wholesale volumes at 182,448 units, including exports. Owing to the festive demand, the company’s total domestic passenger vehicle sales increased by 17.6% y-o-y to 163,656 units against 139,121 units sold in the same period last year. The car maker registered a net profit of INR 1,372 cr in Q2 FY21.