Maruti Q4 profit misses estimates, expenses a drag
Maruti Suzuki, India’s largest carmaker, Friday reported a 4.3% decline in standalone net profit for the fiscal fourth quarter, missing Street estimates, as higher revenues outweighed an increase in expenses. Profit however touched a record in the just-ended financial year. Profit in the three months ended March 31 fell to ₹3,711.1 crore from ₹3,877.8 crore … Read more
