For 1QFY2020, Maruti Suzuki India (MSIL) posted below expectation results both on top-line and bottom-line fronts. MSIL's standalone top-line registered a decline of ~12% yoy to `19,720cr on the back of volume de-growth of 18%. Moreover, the company's operating margins contracted by 454bps yoy. On the standalone bottom-line front, MSIL reported de-growth of ~27% yoy