Country largest carmaker Maruti Suzuki BSE -0.17 % on Thursday reported a flat profit growth of 4.4 per cent to Rs 1,556 crore for June quarter, hurt by higher deferred tax provisions.

The number came below Rs 1,684 crore profit estimated by analysts in an ET Now poll. Net sales for the quarter rose 16.17 per cent to Rs 17,132.4 crore, the company said in a BSE filing.

During the quarter, there was a one-off impact of compensation given to dealers for the tax losses on vehicles in the Stock at the time of transitioning to GST, the company said.

The company sold 3,94,571 vehicles, including export of 26,140 units, during June quarter. This was 13.2 per cent higher than comparable numbers of last year.

The company said that the growth in volumes, favorable product mix, higher non-operating income and cost reduction efforts contributed to rise in profit.

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