While the company's net profit rose 7.8 per cent to ₹500 crore, its revenues increased 7 per cent to ₹3,349 crore. According to the results, the company's food and beverages business reported a growth of 21.3 per cent. While the overall beverages revenues saw a growth of 2.8 per cent, the juices and nectar segment remained mute.
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Last week, Maruti Suzuki launched the e Vitara in Milan, heralding its entry into the electric vehicle space, even as overall domestic market sales were muted after a two-year dream run. R C BHARGAVA, chairman of the company, discusses the reasons for the slowdown and their strategy in the EV market in an interview with Surajeet Das Gupta in New Delhi. Edited excerpts:
