India's Maruti Q4 net up 39 pct, beats forecast


MUMBAI, April 26 (Reuters) - India's leading car maker, Maruti Udyog Ltd., on Wednesday posted a 39 percent rise in quarterly profit as cost savings and sales of its higher-priced models outweighed sluggish local sales and a drop in exports. New Delhi-based Maruti , 54.2 percent-owned by Japan's Suzuki Motor Corp. , said net profit rose to 3.61 billion rupees ($80 million) in the fiscal fourth quarter to March 31, from 2.6 billion rupees a year earlier. That beat a median forecast for ...

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