India's Maruti Suzuki Q4 profit falls 3 pct, beats forecast


April 28 (Reuters) - Maruti Suzuki, India's biggest carmaker, beat estimates with a smaller-than-expected 3 percent fall in fourth quarter net profit, its third consecutive quarterly slide on sluggish sales growth and tighter margins. Maruti, 54.2 percent owned by Japan's Suzuki Motor Corp , has had a year to forget after labour strikes and an industry-wide demand slowdown hit sales and dragged down profits as rising input prices and a weaker rupee increased costs. The company said profit ...

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