Maruti Suzuki’s March quarter net profit declined due to mark-to-market losses, input costs, and production constraints. The company is expanding capacity and expects margin improvement by FY30, driven by SUV launches and EV growth. Despite short-term pressures, FY26 saw record volumes and sales.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of