Maruti Suzuki Chairman On Q2 Results, GST Boost & Impact On Margins I Maruti Suzuki Share News

RC Bhargava attributed the Q2 domestic sales dip to customers delaying purchases in anticipation of the GST rate reduction on small cars, leading to a surge in retail sales after the price cut. He noted that margin volatility is natural due to factors like material costs and foreign exchange, while highlighting Maruti's unique strengths in small cars, CNG vehicles, and a growing export business (targeting 420,000 cars this year) for investors to watch.

#maruti #marutisuzuki #auto #q2results

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