Maruti’s Q3 profit drops.

[{ "selector": ".hfzhf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 29px)) scale(0.15)", "opacity": 1}, {"offset": 1, "transform": "translateX(0px) scale(1)", "opacity": 1} ] }]

Maruti Suzuki on Tuesday reported a 48% drop in its third-quarter net profit. [{ "selector": ".ffyav-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }, { "selector": ".voyfu-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 47px))", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }]

The ongoing global chip shortage and high raw material costs are main reasons for this drop. [{ "selector": ".bkmhu-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 54px))", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }]

Maruti produced an estimated 90,000 units less due to the supply shortage. [{ "selector": ".swqvf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 32px))", "opacity": 1}, {"offset": 1, "transform": "translateX(0)", "opacity": 1} ] }]

Unit sales for Maruti fell to 430,668 vehicles from 495,897 cars a year earlier.

[{ "selector": ".opgzj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": 1} ] }]

However, the company has more than 240,000 pending customer orders for Q3.

[{ "selector": ".exhjj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(calc(360px - 42px)) scale(0.15)", "opacity": 1}, {"offset": 1, "transform": "translateX(0px) scale(1)", "opacity": 1} ] }]