Maruti Suzuki 3Q net up 24%

• India's largest carmaker, Maruti Udyog Ltd on 29th January 2008 reported a 24 per cent rise in quarterly net profit, helped by robust sales of its higher margin premium cars.
  Maruti, 54.2 percent owned by Japan's Suzuki Motor Corp, net profit rose to Rs 467 crore ($119 million) in the fiscal third quarter to end-December, from Rs 376 crore in the same period a year earlier.
  Maruti's sales rose 17 per cent to 2,01,629 units in the October-December quarter.Shares of Maruti, which has a market value of $6.1 billion, fell 1 per cent in the quarter, trailing a 6 per cent gain for the sector index and a 17 per cent climb for the benchmark index.