MARUTI SUZUKI INDIA LTD. (MARUTI)
India Goes Flex: Maruti Suzuki launches India''s 1st Flex Fuel car
Maruti Suzuki launched India's first flex-fuel car, a Wagon R compatible with ethanol blends E20 to E100. The launch supports Atmanirbhar Bharat and aims to reduce oil imports and boost farmer income. Ministers Nitin Gadkari and Hardeep Singh Puri highlighted ethanol's role in energy security and rural prosperity. CEO Hisashi Takeuchi emphasized Maruti's commitment to multiple fuel technologies including BEVs, hybrids, CNG/CBG, and ethanol flex-fuel vehicles.
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🚨 MARUTI — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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