Maruti Suzuki India Ltd, the country’s largest carmaker, reported a 47% rise in its net profit for the first quarter of FY25, reaching Rs 3,650 crore. This significant increase is attributed to lower input costs, which improved profitability.
For the April-June period, Maruti Suzuki’s revenue grew by 10%, totaling Rs 35,531 crore compared to Rs 32,327 crore in the same quarter last year. A poll by Moneycontrol, which included estimates from eight brokerage firms, had expected the company’s net profit to be Rs 3,235 crore and revenue to be Rs 34,566 crore.
Following the announcement, Maruti Suzuki’s shares rose by 3.67%, closing at Rs 13,346.05 on the NSE. The company’s operating margin (EBIT – Earnings Before Interest and Tax) for the quarter improved by 390 basis points to 11.1%, aided by lower commodity prices, cost-cutting measures, better operating leverage, and favorable foreign exchange rates.
Maruti Suzuki also reported an inventory gain of Rs 895 crore for the quarter, a significant increase from Rs 100 crore a year ago. During the April-June period, Maruti Suzuki sold 5.22 lakh vehicles, marking a 5% increase year-on-year.
Maruti Suzuki, India’s largest automobile manufacturer, is renowned for its extensive range of cars that cater to the diverse needs of Indian consumers. Established in 1981, the company has played a pivotal role in transforming the Indian automotive landscape by making car ownership accessible to the masses.
Known for its reliable, fuel-efficient, and affordable vehicles, Maruti Suzuki has become a household name. The company operates a robust network of dealerships and service centers across the country, ensuring widespread availability and support for its customers. With continuous innovations and a focus on customer satisfaction, Maruti Suzuki remains a dominant force in the Indian automobile industry.
