Tuesday, October 26, 2021

Maruti Suzuki Q2 preview: Profit may plunge 35-70%, margins may fall by 300 bps

The automaker hiked vehicle prices in July and September. Discount moderation and better volumes may drive sequential margin improvement, analysts said.

from Auto-Industry-Economic Times https://ift.tt/2ZrBq3j

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...