Meanwhile, the automobile major also intimated the appointment of Kenichi Ayukawa as the whole-time director designated as executive Vice-Chairman for a period of six months with effect from 1 April 2022 to 30 September 2022.
Maruti Suzuki India recorded 48% decline in net profit to Rs 1,011.3 crore on as net sales remained flat at Rs 22,187.6 crore in Q3 FY22 over Q3 FY21.
Shares of Maruti Suzuki India lost 0.76% to Rs 7585.35 on BSE. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components and spare parts (automobiles).
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