Maruti Suzuki, India's largest carmaker, reported a 47.8% increase in net profit to Rs 3,877.8 crore for the fourth quarter ending March 31, 2024, in line with street estimates. Strong sales and a better product mix drove this growth. Revenues rose by 19% to Rs 36,697.5 crore, slightly below the expected 21.2% growth to Rs 38,838.2 crore.
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