Maruti Suzuki, India's top carmaker by volumes, reported a smaller-than-expected third-quarter profit on Wednesday, hurt by higher discounts and a dip in small car sales. The 'Alto' maker's standalone profit rose 12.

MSIL said that its total income jumped 15.4 per cent Y-o-Y to Rs 39,822 crore in the third quarter. Meanwhile, its total expenses increased 15.6 per cent Y-o-Y to Rs 35,163.1 crore

Maruti's Earnings Before Interest, Tax, Depreciation and Amortisation increased by 14% from the year-ago period to ₹4,470 crore, while margin stood at 11.6% from 11.7% last year. While the EBITDA figure was in-line,