Maruti Suzuki India's Q1 profit more than doubles

BENGALURU, July 31 (Reuters) - Maruti Suzuki India (MRTI.NS) on Monday reported first quarter profit that more than doubled as the countrys largest carmaker by volume benefited from rising demand for pricier and margin-boosting utility vehicles.

The company posted a net profit of 24.85 billion rupees ($302.3 million) for the quarter ended June 30, compared with 10.13 billion rupees last year.

($1 = 82.2080 Indian rupees)