LIVE : Maruti's Profits Jump 2-Fold, Margin Miss Est | July Auto Sales Data Shows Exports Dwindle

Maruti reports a mixed bag as profits and revenue beat estimates but margins fall short, even though EBITDA margin expanded by 200 basis points to 9.2%. Mean...

moneycontrol•907 views•17:36

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Maruti reports a mixed bag as profits and revenue beat estimates but margins fall short, even though EBITDA margin expanded by 200 basis points to 9.2%. Meanwhile July Auto Sales data shows that exports for most players have fallen. What could this be attributed to. Stacy Pereira speaks with Arun Agarwal, Vice President – Fundamental Research at Kotak securities to do the number crunching and decode auto sector Q1 report card for us. #earnings #autosector #marutisuzuki #autosales Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/

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907

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3

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Duration
17:36

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Published
Aug 1, 2023

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