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The Baseline
25 Apr 2019
Results: Maruti Suzuki hits speedbumps, Shriram City Union posts strong Q4

Results Analysis: Maruti Suzuki announced results today that showed declining net profit growth and operating profit margins, and share price of the stock fell after investors, seeing the figures, noted the clearest evidence yet of a slowdown of the auto sector. Shriram City Union Finance also posted Q4 results today showing green across the board in its YoY numbers.

Syngene and ICICI Prudential Life Insurance rose after Q4 results. Syngene posted double digit, YoY growth in revenues and net profits, while ICICI Pru Life saw its net profits and operating profits YoY both fall by double digits, more than 20%. 

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