'
Maruti Suzuki hosted
a conference call on Oct 27, 2023. In the conference call the company was
represented by Mr Ajay seth-CFO.
Key takeaways of the call
Company
recorded its highest quarterly sales volume of 552,055 vehicles during Q2 FY24,
up by 6.69% compared to the same period previous year.
Management
indicated that, due to improvement in semiconductor supply pending orders has
come down to 250,000 units.
In
Q2 FY24, sales in the domestic market stood at 482,731 units as compared to 454,200
units, up by 6.28% YoY. The export sales were at 69,324 units as compared to
63,195 units, up 9.69% YoY.
In
Q2 FY24, Passenger vehicle wholesales grew by 8% YoY, higher than the industry
growth of 5% YoY.
In
Q2 FY24, mini sales volume fell by 55.4%, Compact segment sales fell 8.9%, mid-size
segment sales volume decreased 13.3%, UVs sales v...
Pleaselogin & subscribe to view the full report.
More Reports
-
(10-Feb-2023)
Deepak Nitrite
Plans capex of about Rs 1500 crore for FY23 and FY24
-
Targets revenue of Rs 1000 crore in FY24
-
Capex plan is US$ 30-32 million for next three years
-
Company plans capex of Rs 10,000 crore over the next three years to create growth vectors
|
|