Maruti Suzuki posts Q1 net loss of Rs 249 crore, first in 15 years

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported standalone net loss of Rs 249.4 crore for the first quarter ended June 30, on account of lower sales due to coronavirus-led lockdown. It had posted net profit of Rs 1,435.5 crore in April-June of 2019-20, MSI said in a statement.

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