UPDATE 2-India's Maruti, Mahindra Q3 profits jump

Newswire

(Releads, adds Mahindra, closing share prices, adds byline, changes dateline from NEW DELHI) By Arif Sharif BOMBAY, Jan 24 (Reuters) - India's top car and utility vehicle makers reported sharp increases in quarterly profit on Monday, as strong sales in Asia's fourth-largest economy and tighter control over costs offset rising raw materials prices. Car maker Maruti Udyog Ltd. , which is 54.2-percent owned by Japan's Suzuki Motor Corp. , beat forecasts with a 70.3 percent jump in ...

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