MUMBAI, July 26 (Reuters) - India's largest car maker, Maruti Udyog Ltd. , reported a higher-than-expected 35 percent rise in quarterly net profit on Thursday as cost cutting and solid sales of premium cars offset volatile raw material costs and rising interest rates. Maruti, 54.2 percent owned by Japan's Suzuki Motor Corp. , said net profit rose to 4.99 billion rupees ($124 million) in the fiscal first quarter to end-June, from 3.70 billion rupees in the same period a year earlier. That ...
Premium Content (PAID Subscription Required)
"Indian automaker Maruti Q1 net rises 35 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642