Maruti Suzuki posted a 0.9% rise in consolidated Q1 net profit at Rs 3,792 crore, with revenue up 8% to Rs 38,605 crore. Operating EBIT, however, fell 19% as the automaker offered steeper discounts amid weak demand. The stock ended at Rs 14,903 on the NSE, gaining 1.64% and outperforming Nifty Auto with a 20% monthly rally.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets