Suzuki Motor Corp.'s Indian unit, which sells almost half the cars in the country, said it suffered its worst quarterly profit decline since December 2008 as a strike at a factory disrupted production.
Maruti Suzuki India Ltd.'s net income fell 60 percent to 2.4 billion rupees (about ¥3.8 billion) in the July-September second quarter from 5.98 billion rupees a year earlier, the New Delhi-based company said in a statement Saturday.
That is the lowest profit since the quarter that ended in December 2008. Sales fell 16 percent to 75.4 billion rupees.