NEW DELHI, July 31 Maruti Suzuki India Ltd
, India's biggest carmaker, reported a 21 percent rise
in first-quarter net profit, beating estimates, as early signs
of an economic revival boosted sales.
Maruti, controlled by Japan's Suzuki Motor Corp,
said profit for the April-June quarter was 7.62 billion Indian
rupees ($126.14 million), up from 6.32 billion rupees in the
same year-ago period. Net sales rose about 11 percent to 110.74
Analysts had expected the company to post a profit of 7.35
billion rupees, according to Thomson Reuters I/B/E/S.
(1 US dollar = 60.4100 Indian rupee)
(Reporting by Aditi Shah; Editing by Miral Fahmy)