Carmaker performs quite better on QoQ basis, earns 142% higher profit
Profit rises on back of increase in sales volume, currency appreciation
Travellers buying SUVs to explore country owing to global travel restrictions
Hike in Toyota Yaris, Corolla and IMV variants comes on back of rupee depreciation
Company has raised prices of its variants from Rs65,000 to Rs307,000
Revises prices to reflect the impact of 10% federal excise duty
Company suffers a huge hit on gross margins
Insists it is in the interest of carmakers to have maximum local parts
Revises rates in wake of high cost of imports and production
Gross margins improve due to higher urea sales, prices