New Delhi, Oct. 31 -- The Board of Directors of Maruti Suzuki India Limited (MSIL) approved the financial results for the second quarter (July-September) of 2025-26 on Friday, reporting steady growth in profit and overall sales.
During the quarter, domestic wholesales declined 5.1% year-on-year to 440,387 units, as customers deferred purchases in anticipation of price reductions following the GST-related changes from September 22, 2025.
Under the new GST structure, smaller sub-4 metre cars were moved into the 18 per cent slab, while the compensation cess on automobiles was completely removed. Petrol and petrol hybrid cars, along with LPG and CNG variants that do not exceed 1200 cc and 4000 mm in length, are now taxed at 18 per cent inst...
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