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Maruti Suzuki

India's top carmaker Maruti Suzuki sees demand improve amid virus resurgence
Business & Finance

India's top carmaker Maruti Suzuki sees demand improve amid virus resurgence

  • Still, Maruti's fourth-quarter results took a hit due to rising commodity prices and supply chain disruptions, with its EBITDA margin slipping to 8.3% in the March quarter and falling short of analysts' estimate of 9.1%, according to Refinitiv data.
  • With this second wave the demand for personal transport will, if anything, strengthen, not weaken. More and more people will want to have their personal transport.
Published 27 Apr, 2021 06:34pm