Fri, Oct 27, 2017
The country's leading automobile company posted a revenue growth of 7.1% as its total revenue grew to Rs 21,768.2 crore in Q2 FY18 from Rs 20,322.7 crore in Q2 FY17.
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Fri, Jul 28, 2017
New car launches such as Baleno, the new Dzire and Vitara Brezza have a wait period of 16-20 weeks due to the surge in demand.
Thu, Jul 27, 2017
Maruti Suzuki's net profit grew by 4.4% in Q1 FY18. While domestic sales grew by a robust 14.3%, exports remained flat during the quarter.
Thu, Apr 27, 2017
Maruti said, "Growth in volumes, increase in share of the company's higher segment models, benefits due to full capacity utilisation and cost reduction efforts contributed to increase in profits. This was partially offset by increase in commodity prices and adverse forex movement."
Wed, Jan 25, 2017
Maruti said, "Increase in share of the company's higher segment models, lower sales promotion and marketing expense, cost reduction efforts and higher non-operating income contributed to increase in profits."
A Kotak research report said, "We expect revenues to increase by 11% yoy on the back of 4% yoy volume growth and increase in realisations led by higher export ASPs and success of higher-priced recent launches."
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