UPDATE 2-Maruti Q3 net profit beats forecast, margins jump


(Adds comments, closing share price) By Rina Chandran MUMBAI, Jan 20 (Reuters) - India's top car maker, Maruti Udyog Ltd. , posted a stronger-than-expected 41 percent rise in quarterly net profit on Friday, sending its shares surging more than 7 percent to a lifetime high. Analysts said they expected margins at Maruti to improve in the coming quarters on improved sales and lower material costs. Cheap loans and new launches have helped vehicle makers post robust sales in the last ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Maruti Q3 net profit beats forecast, margins jump" 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
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×