Reports says that the company's net profit fell to Rs 205.6 crore for the quarter from Rs 565.17 crore for the corresponding period last financial year, MSI stated. Net sales declined by 17.4 percent to Rs 7,663.6 crore during the quarter under review from Rs 9,276.73 crore in the year-ago period, it added.Automobile News Maruti Suzuki India (MSI), the country's biggest carmaker has reported a bigger-than-expected 63.6 percent fall in quarterly net profit as high interest rates and rising fuel costs hit demand for cars in Asia's third-largest economy.
Monday, 23 January 2012
64 percent fall in third quarter profits report by Maruti Suzuki
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