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Asia

Maruti Suzuki Q1 profit drops 11% YoY to Rs 3,352 crore on higher input costs

Markets-Economic Times · 1h ago · 🇮🇳 India

Maruti Suzuki Q1 profit drops 11% YoY to Rs 3,352 crore on higher input costs

Maruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs linked to the West Asia crisis squeezed margins. Revenue and sales volumes grew strongly, while the company approved Rs 561 crore for four compressed biogas projects.

Read the full story at Markets-Economic Times →

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