Maruti Suzuki Q2 profit falls 10%, beats estimates

NEW DELHI: The country's top-selling carmaker, Maruti Suzuki India Ltd, posted a nine.eight in keeping with cent fall in second-quarter internet profit on Thursday, harm through emerging commodity prices and a weaker rupee.


Net profit fell to Rs 2,240 crore ($305.73 million) for the quarter ended September 30, versus Rs 2,484 crore a 12 months previous.


Twenty one analysts on reasonable had anticipated the company, which is majority-owned through Japan's Suzuki Motor Corp, to put up a profit of Rs 2,028 crore, in step with Refinitiv information.


Total earnings from operations rose 3 in keeping with cent to Rs 22,433 crore.
Maruti Suzuki Q2 profit falls 10%, beats estimates Maruti Suzuki Q2 profit falls 10%, beats estimates Reviewed by Kailash on October 26, 2018 Rating: 5
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