Maruti Q2 Result | Profit declines 65% to Rs 475 crore, revenue rises 10% to Rs 20,539 crore
The performance of the company got impacted because of lower volumes due to the COVID-induced global chip shortage that hit production and margins came under pressure due to high commodity prices. Maruti Suzuki has lost market share from 51 percent to 47 percent in the current quarter. (Representative image) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ […]
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