Maruti Suzuki Gets Rs 3.8 Cr Show Cause Notice From Customs Authority

Maruti Suzuki Gets Rs 3.8 Cr Show Cause Notice From Customs Authority

The company has received a show cause notice from the Office of the Commissioner of Customs (Import), Air Cargo Complex, Mumbai. Maruti Suzuki India said it has received a show cause notice from customs authority demanding payment of differential duty of over Rs 3.8 crore. Maruti Suzuki India on Wednesday said it has received a … Read more

Maruti Suzuki news: Maruti Suzuki plans to dispatch 35% of total vehicle production via railways in 7-8 years

Maruti Suzuki news: Maruti Suzuki plans to dispatch 35% of total vehicle production via railways in 7-8 years

Maruti Suzuki India plans to utilise Indian Railways to transport 35 per cent of the vehicles produced across its factories over the next 7-8 years, according to MD and CEO Hisashi Takeuchi. The share of vehicle dispatches through railways scaled to 21.5 per cent in the 2023-24 fiscal from 5 per cent in 2014-15. The … Read more

Maruti Suzuki results: Maruti Suzuki reports 47.8% surge in Q4 net profit driven by strong sales & product mix

Maruti Suzuki results: Maruti Suzuki reports 47.8% surge in Q4 net profit driven by strong sales & product mix

The country’s largest carmaker Maruti Suzuki Friday met street estimates to report a 47.8% increase in net profit at Rs 3,877.8 crore for the fourth quarter ended March 31, 2024 driven by strong sales and better product mix.Brokerage firm Prabhudas Lilladher had expected the company to post a 48% in net profit at Rs 3,884 … Read more