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

Newswire

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 ...

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