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Maruti Suzuki expects 10% growth in small cars after GST 2.0. What it means for investors?

Maruti Suzuki expects 10% growth in small cars after GST 2.0. What it means for investors?

Maruti Suzuki posted a 0.9% rise in consolidated Q1 net profit at Rs 3,792 crore, with revenue up 8% to Rs 38,605 crore. Operating EBIT, however, fell 19% as the automaker offered steeper discounts amid weak demand. The stock ended at Rs 14,903 on the NSE, gaining 1.64% and outperforming Nifty Auto with a 20% monthly rally.

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