Maruti Suzuki reported an 11% year-on-year decline in Q1 consolidated net profit to Rs 3,352 crore, missing estimates as higher input costs linked to the West Asia crisis squeezed margins. Revenue and sales volumes grew strongly, while the company approved Rs 561 crore for four compressed biogas projects.

Maruti Suzuki is expected to post strong Q1FY27 revenue growth of 31% YoY, driven by robust volumes and better realisations. However, the average estimates of six brokerages point…

July 30 : Hyundai Motor India reported a 35.1 per cent drop in first-quarter profit on Thursday, hurt by a jump in costs as well as a production disruption at its Chennai…

Mahindra & Mahindra announced a thirty-four percent profit increase for the fiscal first quarter. Robust demand for sport utility vehicles and tractors fueled this significant…

The drop in profit came despite a 36% year-on-year increase in revenue from operations to Rs 52,456 crore during the reporting period.

Maruti Suzuki reports a quarterly profit decline due to rising raw material costs, despite increased vehicle sales and revenue growth.