India's Maruti Q3 net up 41 pct, beats forecast


MUMBAI, Jan 20 (Reuters) - India's leading car maker, Maruti Udyog Ltd., on Friday posted a 41 percent rise in quarterly profit as cost savings and sales of its higher-priced vehicles outweighed sluggish sales in local and overseas markets. New Delhi-based Maruti , 54.2 percent-owned by Japan's Suzuki Motor Corp. , said net profit rose to 3.39 billion rupees ($76 million) in the fiscal third quarter to Dec. 31, from 2.40 billion rupees a year earlier. That beat a median forecast for 2.64 ...

Premium Content (PAID Subscription Required)

"India's Maruti Q3 net up 41 pct, beats forecast" 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 pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×