Maruti Suzuki India Reports Second-Quarter Financial Results

Maruti Suzuki India reported second-quarter net profit of 24.66 billion rupees, down 26% year over year, while revenue rose 26% to 533.56 billion rupees. Record sales volume increased 26.5% to 696,654 units. The company attributed the profit decline to higher commodity prices linked to the Middle East conflict. Exports totaled 108,119 vehicles, down approximately 2% from a year earlier.