India's Maruti Suzuki smashes forecasts with 80 pct rise in Q4 net


MUMBAI, April 26 (Reuters) - Maruti Suzuki India Ltd , India's biggest carmaker by sales, reported a 79.8 percent rise in fourth-quarter net profit, boosted by strong sales of its Ertiga multi-purpose vehicle that offset a slump in compact cars. Also benefiting from a sharp decline in the value of the yen as imports from Japan count for 20 percent of its costs, Maruti beat market estimates with profit of 11.48 billion rupees ($212 million) for the January-March period, ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×