Maruti Profit Misses as Costs Rise on Iran War Impact.

The article focuses on Maruti Suzuki India Ltd.'s fourth-quarter financial performance, highlighting a profit that fell short of expectations due to rising costs linked to the Iran war and geopolitical tensions. Despite revenue and vehicle sales increases, net income declined to 35.9 billion rupees ($380 million), below the estimated 40.9 billion rupees, as raw-material costs surged over 50% to 352 billion rupees. Production constraints limited sales growth compared to competitors Mahindra & Mahindra Ltd. and Tata Motors Passenger Vehicles Ltd., even as India's passenger vehicle market reached record sales in March. The company cited mark-to-market impacts, adverse commodity prices, and lower non-operating income as factors affecting margins and announced a dividend of 140 rupees per share. [Extracted from the article]