After going through the financials of the parent company of Maruti Suzuki, the market leader in passenger car market in India, Suzuki Motor Corporation finding that as the company stands on a consolidated net profit of 28.9 billion yen (about Rs 1,395 crore) for the fiscal 2009-10, it is almost half of what its Indian subsidiary earned during the same period.

In fact, as the Japanese automaker registered a 5.41 per cent jump in its net income for 2009-10 at 28.91 billion yen, it was mostly driven the immaculate sales results that the company has been able to bank with its Indian subsidiary.

Moreover, as the net sales of the company declined by around 17.83 per cent standing at 2,469.06 billion yen (about Rs 1,19,190 crore), the company believes that the appreciation of the yen coupled with the overall sales fall has led the company to such a situation.

It may be noted here that when the Indian market leader announced its results last month, the company had reported a two-fold jump in its consolidated net profit that stood at Rs 2,624.64 crore for the fiscal coupled with the consolidated total income from operations that soared by 42.27 per cent to Rs 30,122.51 crore during the fiscal.