Higher expenses impacted Maruti Suzuki’s EBITDA margin in Q3. Margins narrowed by 180 basis points at the end of the December quarter to 11.2% from 13.1% in December last year. The CNBC-TV18 poll had projected the margin figure at 11.8%.
Higher expenses impacted Maruti Suzuki’s EBITDA margin in Q3. Margins narrowed by 180 basis points at the end of the December quarter to 11.2% from 13.1% in December last year. The CNBC-TV18 poll had projected the margin figure at 11.8%.