Margins, premium product mix to set course for Maruti
However, the current momentum suggests the projections could be revised upward to 13.7-14.25 lakh units.
Synopsis
The Maruti dashboard displayed good sales volumes in the September quarter, although the proportion of entry-level cars increased, crimping margin expansion at the carmaker that sells one of every two cars running on Indian roads.
ET Intelligence Group: Maruti Suzuki is still the favourite mile muncher in India’s post-lockdown drive — but not in the most swish set of wheels in its garage.The Maruti dashboard displayed good sales volumes in the September quarter, although the proportion of entry-level cars increased, crimping margin expansion at the carmaker that sells one of every two cars running on Indian roads. So, margins and a more premium product mix in its sales
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