Maruti Suzuki, India's top carmaker by volumes, missed third-quarter profit expectations on Wednesday, hurt by higher discounts and a dip in small car sales. Following two years of rapid growth, Indian automakers faced pressure throughout much of 2024 due to weak demand for new cars and rising costs,

The automobile major reported a double-digit rise in profit figure as sales volume rose 13% in the quarter ending December

Shares of Maruti Suzuki India Ltd gained approximately 1.5% as the auto giant prepares to announce its Q3 FY 2024-25 financial results later today.