Other income boosts Maruti’s profit up 24%

Other income boosts Maruti’s profit up 24%

With the product mix remaining skewed in favour of low-end cars, the Ebitda (earnings before interest, tax, depreciation and amortisation) margin declined 50 basis points y-o-y to 9.5%; the Ebitda increased by a modest 6% y-o-y to Rs 2,226 crore, on account of increases in commodity prices and adverse foreign exchange movement.
Check the source here –Source, Financial Express.

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