Maruti Suzuki Falls After Profit Misses Estimate on Higher Costs
The Indian unit of Suzuki Motor Corp. reported third-quarter profit that missed analysts’ estimates as margin pressure from higher discounting and costs outweighed strong festival-season demand. Shares slumped.
By Alisha Sachdev · Bloomberg Markets
The Indian unit of Suzuki Motor Corp. reported third-quarter profit that missed analysts’ estimates as margin pressure from higher discounting and costs outweighed strong festival-season demand. Shares slumped.