Associate Partner

    NIFTY 50

Q3 Earnings Analysis: Maruti enters the slow lane

Updated : January 25, 2019 05:22 PM IST

Maruti’s revenue growth slowed to low single digits of 2 percent at Rs 19,668 crore due to sluggish demand.
Discounts have ]surged to record highs of Rs 24,300 a unit, hitting margins significantly this quarter.
Maruti still enjoys market leadership at 51.1 percent in the passenger vehicle segment, but the few chinks in the armour are showing.
Q3 Earnings Analysis: Maruti enters the slow lane
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV