India's biggest carmaker Maruti Udyog Ltd on Monday reported a massive 61.8 per cent sales growth in February 2004 due to the surging demand for compact cars.
The company sold 42,263 units in the review month over 26,113 units sold in February 2003.
While domestic sales grew by 68.5 per cent to 39,241 units, exports went up by seven per cent to 3,022 units.
Maruti's cumulative (April-January 2003-04) sales jumped 33 per cent to 419,422 units.
The domestic sales increased 30 per cent to 376,529 units, while exports climbed 53 per cent to 42,893 units.
Sales of Maruti's bread-and-butter model M800 grew by 21.8 per cent to 13,518 units while Omni van and multi-purpose-vehicle Versa clocked 37.7 per cent growth at 4,779 units.
In the compact car category, sales of Alto, WagonR and Zen soared 165.8 per cent to 19,179 units.
In the mid-size car segment, Esteem and Baleno posted a 101.9 per cent jump in sales to 1,387 units.
However, multi-utility-vehicles Gypsy and Vitara suffered a 53.6 per cent drop in sales to 378 units.
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