Maruti Sales Increase In Q2, RC Bhargava Says Sales Could Slow Down In Q3

2014-10-31 0

Carmaker Maruti Suzuki beats street estimates with a 28% surge in profit, thanks to increased car sales and efforts to cut costs that helped offset pressure due to higher input costs. The company's board has also given the green signal for a hike in FII limit of upto 40% from the current 24%. Maruti's Chairman RC Bhargava tells ET NOW that sales could slow down in the second half of the year. Listen in to what more he had to say.