01-01-1970 12:00 AM | Source: Reuters
India`s top carmaker Maruti Suzuki posts 9.7% drop in January-March profit
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Maruti Suzuki India Ltd reported a 9.7% drop in fourth-quarter profit on Tuesday, as weak demand for vehicles during the COVID-19 pandemic and higher commodity costs hurt India's largest carmaker.
The company reported a net profit of 11.66 billion rupees ($156.19 million) for the three months ended March 31, compared with a profit of 12.92 billion rupees a year earlier, according to a regulatory filing https://www.bseindia.com/xml-data/corpfiling/AttachLive/d635169a-e845-4c23-be48-0a127e1d2a03.pdf.
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