Maruti Suzuki profit rises 27% to ₹1,019 crore
The net profit of automobile manufacturer Maruti Suzuki India Ltd for the quarter ended December rose 27% year-on-year to around ₹1,019 crore. Net sales of the company also rose 20% to around ₹14,770 crore. The company attributed the rise to a reduction in material costs and favourable foreign exchange rate. 