India Maruti Q2 net up 39.5 pct, sells more cars

Newswire

NEW DELHI, Oct 26 (Reuters) - Top Indian car maker Maruti Udyog Ltd. reported a rise in line with forecasts in quarterly net profit as demand for its fuel-efficient small cars outpaced rising raw material costs in a booming market. New Delhi-based Maruti, majority-owned by Japan's Suzuki Motor Corp. , said July-September net profit rose to 3.67 billion rupees ($81.1 million) from 2.63 billion rupees a year earlier, marginally ahead of a forecast of 3.62 billion rupees in a Reuters poll of ...

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