📊Executive Summary

Maruti Suzuki has reported a significant 65.3% decline in quarterly net profit due to a global chip shortage that has severely impacted production. The company cited a 60% reduction in production for September, resulting in an estimated 116,000 vehicles not being produced. This shortage is attributed to supply chain disruptions and increased demand for consumer electronics, which have strained the availability of critical chips used in automotive applications. Additionally, Maruti has faced rising commodity prices, leading to multiple price hikes for its vehicles to maintain margins. This situation highlights the urgent need for procurement teams to monitor semiconductor availability and pricing trends closely....