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Some festive boost for automobile sector, but the cheer is missing
Car sales decline due to increase in retail sales in festive season, Maruti sales rebound to growth
Maruti Suzuki Q2 profit dips 39% YoY to Rs 1,359 crore, revenue slips 24%
The EBITDA came in at Rs 1,606.3 crore, down 53.2 per cent YoY.
Kerala floods, Re fall, higher input cost to dent Maruti's Q2 performance
On a year-to-date (YTD) basis, the company's stock has dropped around 30 per cent against S&P BSE Sensex's flattish growth.
