The Maruti Suzuki India Ltd. e-Vitara electric vehicle. Photographer: Anindito Mukherjee/Bloomberg
Maruti Suzuki India Ltd. s profit missed analysts estimates as rising commodity costs offset a robust revenue growth.
Net income fell 11% to 33.5 billion rupees ($351 million) for the three months ended June 30 compared with the same period last year, Indias largest carmaker said in a filing Friday. This fell short of the 34.4 billion rupees average profit estimate derived from a Bloomberg survey of brokerages.
印度马鲁蒂铃木公司(Maruti Suzuki India Ltd.)的利润未达到分析师预期,原因是不断上涨的大宗商品成本抵消了强劲的收入增长。
印度最大汽车制造商周五在提交的文件中表示,截至6月30日的三个月净利润同比下降11%,降至335亿卢比(合3.51亿美元),低于彭博社对券商调查得出的344亿卢比平均利润预期。