'
Maruti Suzuki hosted
a conference call on Jan 31, 2024. In the conference call, the company was
represented by Mr Rahul Bharti-CFO.
Key takeaways of the call
In Q3 FY24, company
sold total of 501,207 vehicles compared to total sales of 465,911 units in Q3
FY23, up by 7.58%. Despite the small car segment continuing to be subdued,
Company registered sales of 429,422 units in the domestic market compared to 403,929
units in Q3 FY23, up by 6.31%.
In Q3 FY24, Company
exported 71,785 cars, highest-ever in any quarter compared to 61,982 units in
Q3 FY23, up by 15.82%. However, company is facing some challenge due to ongoing
red sea issue, which can increase lead-time of exports.
The Company
continued to be the largest exporter of Passenger Vehicles from India. In 9M
FY24, domestic sales contributed 87% to revenue and exports 13%
In 9M FY24, Company
sold...
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