Maruti Suzuki India Ltd., India’s largest carmaker by market share, posted a lower-than-expected quarterly profit squeezed by higher raw material prices.

Maruti Suzuki , India's top carmaker by volumes, reported a smaller-than-expected third-quarter profit on Wednesday, hurt by higher discounts and a dip in small car sales.

Maruti Suzuki has unveiled the ‘Made in India’ Jimny five-door SUV in Japan. According to the company, the Jimny is the second model exported to Japan in FY 2024-25. The Jimny is produced at its manufacturing facility in Gurugram,

Maruti's Q3 profitability was well maintained, despite pressure from higher discounts and marketing spends, with EBITDA margin decline quarter-on-quarter contained at 26 basis points to 11.6%, compared to 150 basis points decline seen at peer Hyundai.

Maruti Suzuki’s Made-in-India Jimny 5-Door has officially been unveiled in Japan, marking a significant milestone for the brand’s global presence. First showcased at Auto Expo 2023, the off-roader is exclusively built at Maruti Suzuki’s Gurugram facility and stands as the company’s second most-exported model for FY 2024-25.

Maruti Suzuki India Ltd., the dominant player in India’s automotive market, reported a quarterly profit that fell short of expectations, revealing the challenges the company faces from escalating raw material costs.