Thu, Apr 27, 2017
Maruti said, "Growth in volumes, increase in share of the company's higher segment models, benefits due to full capacity utilisation and cost reduction efforts contributed to increase in profits. This was partially offset by increase in commodity prices and adverse forex movement."
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During January – March 2017, analysts expect Maruti's both top-line (revenue) and bottom-line (net profit) to be healthy on the back strong performance from Baleno and Brezza. A little push would also be from newly commenced Gujarat plant.
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