Thu. Jul 2nd, 2020

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Maruti Suzuki’s net profit down by 28%

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On Wednesday, Maruti Suzuki posted 28% year-on-year (YoY) drop in standalone net profit at Rs 1,291.70 crore for the quarter ended March 31. It had reported a net profit of Rs 1,795.60 crore in the same period last year.

Total revenue of the company declined 15.19% YoY to Rs 18,198.70 crore during the quarter under review.

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