Maruti Suzuki reports Q4 profit decline amid rising competition.
Maruti Suzuki reports Q4 profit decline amid rising competition. The company's net profit fell by 12% YoY to ₹1,240 crore on increased marketing expenses and margin pressure. Revenue grew marginally by 2.3% to ₹28,450 crore as volume growth was offset by higher discounts. Operating margin narrowed to 4.1% from 4.9% a year ago.
📊 STOCKS: MARUTI | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Earnings
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