Maruti Suzuki Q3 profit up 48%
January 25, 2017  15:36
Maruti Suzuki India Ltd posted a 47.5 percent rise in third-quarter profit, the country's top-selling car maker said on Wednesday, helped by strong sales of its new, pricier cars and sport-utility vehicles.Net profit for the three months ended December 31, rose to 17.45 billion rupees ($256 million) compared with 11.83 billion rupees in the year-ago quarter, the company said in a statement. The year-ago net profit has been adjusted to reflect the new accounting rules adopted by India.-- Reuters
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