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India

Maruti Suzuki net profit rises 47.5% in 3Q of FY 2016-17

In a January 25 press release, Maruti Suzuki India Limited (MSIL) reported a net profit of INR 17,445 million for the third quarter of fiscal year 2016-17 due to increased share in higher segment models, lower marketing expenses and cost cutting exercises.
The company registered net sales of INR 166,236 million, a g....

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