Car market leader Maruti Suzuki India reported record earnings for the September quarter, beating estimates, driven by higher sales of pricier models—which includes utility vehicles, and softening in the commodity prices. UVs, which accounted for 37% of the company’s domestic sales during the quarter, saw a growth of 117.5% YoY. Net profit at the maker of Grand Vitara and Brezza models zoomed 80% to Rs3716.5 crore against 2061.5 crore in the corresponding period last year. The Economic Times' Shally Seth Mohile breaks down the earnings numbers from India's Car market leader. Watch.
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