Maruti Suzuki Misses Quarterly Profit Estimates as Higher Costs Squeeze Margins

Maruti Suzuki NSE:MARUTI reported a smaller-than-expected quarterly profit on Tuesday as a jump in expenses outpaced a rise in revenue.India's top carmaker by sales reported a profit of 24.15 billion rupees ($253.85 million) for the July to September quarter, below analysts' estimates of 31.05 bill…