Maruti Suzuki Q2 Profit Falls 26% as Rural Demand Risks Grow
Maruti Suzuki warned weak monsoon rains could weigh on rural demand, alongside a third consecutive quarterly profit decline. Vehicle sales remain strong.
New Delhi, Oct. 27 -- Maruti Suzuki has warned that weak monsoon rains could weigh on rural demand just as India's largest carmaker grapples with a third consecutive quarterly decline in profit, highlighting the pressure on earnings even as vehicle sales remain strong.The New Delhi-based company on…