01-01-1970 12:00 AM | Source: Reuters
Maruti Suzuki India`s Q1 profit more than doubles
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Maruti Suzuki India on Monday reported first quarter profit that more than doubled as the country's 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.
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