Maruti's Profits Double, Margins Fall Short 📉

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

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