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maruti suzuki: Maruti Suzuki Q1 margins slightly lower than expected: Naveen Kulkarni

Maruti Suzuki s margin of 9.2% is lower than expected, according to Naveen Kulkarni, CIO of Axis Securities. While the company s progress in small car sales is being hindered by lacklustre growth, Kulkarni suggests there may still be hope for improved margins in the future, thanks to low commodity prices and a boosted production of premium models. However, it is early to tell how things will develop, and the gross margin and other factors must be considered. ....

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Maruti Suzuki Q1 Results: Net profit more than doubles to Rs 2,485 crore, revenue climbs 22%

Maruti Suzuki Q1 Results: On a quarterly basis, the carmaker's net profit declined 5.2 per cent to Rs 2,623.6 crore. ....

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