Total domestic passenger vehicle sales witnessed an uptick of 2 per cent and stood at 1,50,812 in September 2023, as against 1,48,380 units in September 2022, MSI said in a statement.
In the April-September period, the company’s total sales crossed the 10-lakh sales mark.
The auto major dispatched 10,50,085 units in the first half of the current fiscal as compared with 9,85,326 units in the same period of last fiscal.
It is for the first time that the company surpassed the half-yearly sales mark of 1 million units, the automaker noted.
In September, the company said the sales of its entry level cars — Alto and S-Presso — stood at 10,351 units, down 65 per cent from 29,574 units in the year-ago period.Sales of compact cars also declined to 68,552 units last month from 72,176 units in September 2022.Utility vehicle dispatches, however, witnessed a jump of 82 per cent to 59,271 units last month from 32,574 units in September last year.
The company said its total export sales rose to 22,511 units as compared with 21,403 units in the year-ago period.
The auto maker’s net profit for the quarter ended June 2023 surged more than 2-fold year-on-year (YoY) to Rs 2,485 crore.
The revenue from operations rose 22 per cent on year to Rs 32,327 crore and was higher than the estimated Rs 31,778 crore.