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For Maruti, things would only worsen before they get better

India virus covid-19 outbreak experts
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Maruti Suzuki India's Q4 performance was hit by weak demand, relatively higher discounts, besides an adverse product mix with a lower share of diesel vehicles Maruti Suzuki India Ltd (Maruti) stumbled over a plethora of challenges that disrupted its March quarter(Q4FY20) performance.

And, things may only get worse before they improve in the long run. Q4 performance was hit by weak demand, relatively higher discounts, besides an adverse product mix with a lower share of diesel vehicles.

In addition, there was the transition to BS-VI to grapple with, followed by the covid-19 outbreak and related lockdowns. That Q4 sales were lower by 16% year-on-year (yoy) was already known to analysts.

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