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INTRODUCTION TO COMPANY:

Maruti Suzuki India Limited (MSIL, formerly known as Maruti Udyog Limited) is a subsidiary of Suzuki Motor Corporation,
Japan. MSIL has been the leader of the Indian car market for over two and a half decades. The company has two
manufacturing facilities located at Gurgaon and Manesar, south of New Delhi, India.

Maruti Suzuki has employee strength over 7,600 (as at end March 2010),

The company offers a wide range of cars across different segments. It offers 14 brands and over 150 variants - Maruti 800,
people movers, Omni and Eeco, international brands Alto, Alto-K10, A-star, WagonR, Swift, Ritz and Estilo, off-roader
Gypsy, SUV Grand Vitara, sedans SX4 and Swift DZire In an environment friendly initiative, in August 2010 Maruti Suzuki
introduced factory fitted CNG option on 5 models across vehicle segments. These include Eeco, Alto, Estilo, Wagon R and
Sx4.

CORPORATE GOVERNANCE;

In India, 'Corporate Governance' standards for listed companies are stipulated by Securities and Exchange Board of India
( SEBI) through a special provision- Clause 49 of the Listing Agreement.

As a conscious and vigilant organization, Maruti Suzuki had initiated good 'Corporate Governance' practices even before
Clause 49 became applicable and these practices form an integral part of the company’s governance culture.

The Company strives to foster a corporate culture in which high standards of ethical behavior, individual accountability and
transparent disclosure are ingrained in all its business dealings and shared by its Board of Directors, Management and
Employees.

The Company has established systems & procedures to ensure that its Board of Directors is well-informed and well-
equipped to fulfill its overall responsibilities and to provide the management strategic direction it needs to create long-term
shareholder value.

On its Board, the Company has four non-Executive- Independent Directors of high stature from varied backgrounds, who
bring with them rich experience and high ethical standards.

In recent years, the Company has evolved a Control Self Assessment mechanism to evaluate the effectiveness of internal
controls over financial reporting.

Maruti Suzuki financial results (Q2 – FY2010-11)


 
New Delhi, October 30, 2010

The Board of Directors of Maruti Suzuki India Limited approved the financial results for the second quarter of 2010-11 (July -
September 2010) here today.

The Company registered Net Sales (net of excise) of Rs 89,371 million during the second quarter of 2010-11, a growth of 26.8 per
cent over the same period last year. This marked a growth of 11 per cent over Net Sales in the first quarter of this fiscal (April-June
2010)

Net Profit during the second quarter of 2010-11 was Rs 5,982 million, up 5 per cent over the same period last year. This was a growth
of 28.5 per cent over the first quarter (April- June 2010).

During the Quarter (July-Sept 2010), the domestic auto industry continued to witness strong volume growth. The Company achieved
its highest ever domestic sales in a quarter at 2,77,936 units, a growth of 32.9 per cent over the same period last year.

Unit Sales

During the Quarter, the Company launched Alto K10, and factory-fitted CNG versions of Alto, Estilo, WagonR, Eeco and SX4. An
automatic version of A-star was also launched.
The Company’s volume in the domestic A2 segment grew by 30 per cent, while in the A3 segment, sales volume grew by 29.2 per
cent, compared to sales in July-September 2009.

Sales in C segment, comprising Omni and Eeco, grew 87.4 per cent.

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