REUTERS - Maruti Suzuki India Ltd , India's biggest-selling automaker, on Thursday posted a 60 percent rise in second-quarter net profit, beating analyst estimates, helped by higher volumes and lower expenses.
Maruti, controlled by Japan's Suzuki Motor Corp , said profit for July-September was 23.98 billion rupees ($359 million), from 14.97 billion rupees in the same period a year prior. (http://bit.ly/2ey6Hs1)
Analysts, on average, had expected a profit of 17.92 billion rupees, Thomson Reuters data showed.
Total income from operations rose about 29 percent to 202.97 billion rupees.
($1 = 66.8499 Indian rupees)
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(Reporting by Samantha Kareen Nair in BENGALURU)
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