Maruti Suzuki's 64 percent fall in net profit in the December quarter represents the

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bottom of a period of bad news, Chairman R.C. Bhargava told Reuters, adding that the top Indian carmaker would fare better in January-March.

Maruti reported a bigger-than-expected fall in quarterly profit for the fiscal third quarter on Monday as the company struggled with a sales slowdown and high import costs caused by a weaker rupee.

Maruti is 54.2 percent owned by Japan's Suzuki Motor Corp .