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Maruti Suzuki Q1 Results: Profit Falls 11% As Material Cost Surges; Margins Shrink
in5points
Maruti Suzuki reported a 11% fall in profit for Q1, attributed to higher material costs.
Revenue from operations increased 35.9% year-on-year to Rs 52,456 crore.
Margins declined as material costs surged.
Revenue in the year-ago quarter was Rs 38,593 crore.
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