COVID-19 Fallout: Maruti Suzuki Reports Q1 Loss of Rs 249 Crore

by Abhishek Kaushik Jul 29, 2020 • 07:45 PM Views 1228

 

Maruti Suzuki, the country's largest carmaker, incurred a loss of over Rs 249 crore in the first quarter of the year compared to a profit of Rs 1,435 crore in the first quarter of last year. The company said in its statement that it has been an unprecedented quarter in the company's history due to the coronavirus pandemic in which a major portion went into zero sales due to zero production and government-imposed lockdown