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

Newswire

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 ...

Premium Content (PAID Subscription Required)

"India's Maruti Q4 net up 39 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×