Strong India sales help Suzuki Motor post 68% rise in Q3 profit

Japan's Suzuki Motor Corp on Monday announced a 68 percent jump in operating profit in the third quarter due to ongoing growth in automobile and motorcycle sales in India, its biggest market, as well as in Europe and at home. Operating profit at Japan's No. 4 automaker came in at 86.9 billion yen ($790.

36 million) in October-December, jumping from 51.85 billion yen a year earlier and exceeding a median forecast of 77.49 billion yen from nine analysts polled by Thomson Reuters. Suzuki kept its forecast for full-year operating.

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