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Carmaker Maruti Suzuki Beats Profit Forecast on Higher Sales
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Maruti Suzuki Matches Profit Forecast as Chip Crisis Softens
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Maruti Goes for High-End Buyers in India With Invicto SUV, Its Priciest Car Yet
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Apr 27 2021, 5:02 PM
April 27 2021, 2:24 PM
April 27 2021, 5:02 PM
(Bloomberg) Maruti Suzuki India Ltd.âs profit narrowed and earnings trailed estimates as a resurgent Covid-19 outbreak hit consumer demand in Asiaâs third-largest economy.
(Bloomberg) Maruti Suzuki India Ltd.âs profit narrowed and earnings trailed estimates as a resurgent Covid-19 outbreak hit consumer demand in Asiaâs third-largest economy.
Net income fell 9.3% to 11.7 billion rupees ($157 million) in the three months ended March 31, the unit of Japanâs Suzuki Motor Corp. said in a statement Tuesday. Thatâs less than the average analyst estimate of 17 billion rupees, according to data compiled by Bloomberg.