Maruti Suzuki Q3 net profit falls 48% to Rs 1,011 cr, but beats estimates

The carmaker said it had more than 240,000 pending customer orders at the end of the third quarter

Maruti Suzuki India

India's top carmaker Maruti Suzuki posted a bigger-than-expected 48% drop in third-quarter net profit on Tuesday, as a global chip shortage slowed production and high raw material costs squeezed margins.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 25 2022 | 2:07 PM IST

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