NEW DELHI: Maruti Suzuki on Monday reported a net profit of Rs. 465.90 crore in the first quarter of 2008-09, against Rs. 499.60 crore during the same period in the previous year. Net sales stood at Rs. 4,731 crore, a growth of 20.9 per cent over the same period of the previous year.

However, the company said the profit figures were not comparable due to the additional impact of Rs. 61.90 crore resulting from the new depreciation policy introduced in the fourth quarter of fiscal 2008.