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."
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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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