Maruti Suzuki Q2 Net Profit Falls 26%
Maruti Suzuki India reported a 26% year-over-year decline in second-quarter net profit despite higher revenue. The report attributed some pressure to higher commodity prices stemming from the Middle East conflict.
By Tracy QuMaruti Suzuki India reported weaker second-quarter net profit despite a rise in revenue, partly due to higher commodity prices stemming from the Middle East conflict.The Indian unit of Japanese carmaker Suzuki Motor said Tuesday that net profit fell 26% from a year earlier to 24.66 billi…