UPDATE 1-India's Maruti Q4 net up 24 pct, shares jump

Newswire

(Adds detail, comment, share price) MUMBAI, April 24 (Reuters) - Top Indian car maker Maruti Udyog Ltd. posted a better-than-expected 24 percent rise in quarterly net profit on Tuesday, as demand for its fuel-efficient small cars helped offset higher costs. Small cars make up more than two-thirds of India's fast-growing passenger vehicle market, which had sales of 1.4 million units last year and is forecast to nearly double by 2010. But volatile raw material prices, firmer interest ...

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