Anish Shah will transition to become Managing Director and CEO on April 2, 2021, replacing Goenka, who will retire after his term ends.
The Mumbai-headquartered company’s September quarter net profit stood at Rs 1,355 crore against Rs 1,778.8 crore in a year-ago period.
Till date over 450 dealerships of various auto brands have been shut across the country due to sales slump, rendering thousands jobless.
Maruti may operate just one shift at factories.
The passenger vehicle dispatches from factory gates to dealerships are counted as sales in India.
Last month, PV sales fell 17.54 per cent to 2,25,732 units, down from 2,73,748 units the automobile sold in the year-ago period.
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