India's Maruti Suzuki slightly misses Q4 profit estimates

By: Reuters
| Updated on: 26 Apr 2024, 16:24 PM

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Maruti's standalone profit rose 47.8% on-year to 38.78 billion rupees, compared with analysts' estimate of 38.97 billion rupees on average, as per LSEG data.

Employees check a fully assembled car at the manufacturing plant of Maruti Suzuki in Manesar, in the northern state of Haryana, India, REUTERS/Anushree Fadnavis/File Photo **(REUTERS)**

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Employees check a fully assembled car at the manufacturing plant of Maruti Suzuki in Manesar, in the northern state of Haryana, India, REUTERS/Anushree Fadnavis/File Photo

India's biggest carmaker Maruti Suzuki reported fourth-quarter profit on Friday that marginally missed estimates.

Maruti's standalone profit rose 47.8% on-year to 38.78 billion rupees, compared with analysts' estimate of 38.97 billion rupees on average, as per LSEG data.

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First Published Date: 26 Apr 2024, 16:24 PM IST