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Maruti Suzuki Q2 net profit jumps over 80 per cent to Rs 3,717 crore

IndiaTimes Friday, 27 October 2023
Maruti Suzuki India's net profit in the September quarter rose by 80.3% to Rs 3,716.5 crore, driven by higher sales, cost reduction efforts, and increased non-operating income. The company expects the affordability of small cars in the domestic market to improve in the next 2-3 years due to rising income levels and a growing economy. Maruti Suzuki India also recorded its highest-ever quarterly sales volume, net sales, and net profit in this quarter.
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