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Maruti Suzuki Q1 profit slumps 27% to Rs 1,436 cr

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India’s largest carmaker Maruti Suzuki on Friday reported a 27.3 per cent year-on-year (YoY) drop in net profit at Rs 1,435.50 crore for the June quarter on weak volumes and higher depreciation expenses. Analysts in an ET NOW poll had projected a profit of Rs 1,350 crore.

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