Maruti Suzuki Q1 profit falls to ₹3,352 crore as raw-material costs rise
Maruti Suzuki reported Q1 profit of ₹3,352 crore, down year-on-year, as higher raw-material costs offset gains from increased vehicle sales and revenue growth.
Maruti Suzuki reported Q1 profit of ₹3,352 crore, down year-on-year as higher raw-material costs offset increased vehicle sales and revenue growth.
Why this matters
The profit decline comes as Maruti Suzuki expands capacity at its fourth Hansalpur plant and readies an EV, hybrid and 7-seater model pipeline.
Retail-company signals are accelerating, up 259720% QoQ.
Also reported by
- The Hindu BusinessLine — Same time