Maruti Suzuki wins hearts on D-Street with more than two-fold jump in profit, 310 bps surge in margin
Maruti Suzuki Q3 Results: India's largest carmaker reported a more than two-fold year-on-year jump in net profit to Rs 2,351.3 crore for the quarter ended December 2022, far exceeding analysts' estimates. Its margin improved by 310 points compared with the year-ago period.
Maruti Suzuki reported growth of 24.9 per cent in revenue to Rs 29,044.3 crore for the quarter ended December.