Sunday, May 17, 2020

$5 billion cash reserves keep Maruti Suzuki on the road in Q4, FY20

Financial income of ₹3,420 crore was close to 50% of profit before tax in FY20. That compares with operating profit (EBIT) of about ₹3,776 crore for the maker of Swift and Dzire cars. Financial income for Q4 stood at 56% of profit before tax.

from Auto-Industry-Economic Times https://ift.tt/3675f8V
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Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22

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