 "Suzuki lifts full-year net profit outlook on strong India, VW stake sale")
Japan's Suzuki Motor Corp on Wednesday lifted its annual net profit forecast by 14%, citing better-than-expected earnings in India and windfalls from the sale of its stake in Volkswagen AG.
Japan's fourth-largest automaker said it now expects a net profit of 125 billion yen ($1.03 billion) for the year to March 31, 2016, up from its previous forecast of 110 billion yen.
For the six months to September 30, its net profit jumped 46.5% to 79.05 billion yen as it booked a profit of 36.7 billion yen from the sale of its Volkswagen stake.
Strong results during the period at its Indian unit, Maruti Suzuki India Ltd, also helped, it said.
($1 = 121.0600 yen)