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31-Jan-2024

Maruti Suzuki India

NP up 33.28%


'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Maruti Suzuki India has increased 14.57% to Rs 33512.8 crore compared to quarter ended Dec 2022.  Operating profit margin has jumped from 11.53% to 13.25%, leading to 31.63% rise in operating profit to Rs 4,440.00 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 57.87% to 55.42%.   Purchase of finished goods cost rose from 13.48% to 14.25%.   Employee cost decreased from 4.73% to 4.57%.   Other expenses rose from 12.37% to 12.51%.   

Other income rose 16.28% to Rs 996.4 crore.  PBIDT rose 28.52% to Rs 5436.4 crore.  Provision for interest rose 20.95% to Rs 35.8 crore.  

PBDT rose 28.57% to Rs 5400.6 crore.  Provision for depreciation rose 7.62% to Rs 1301.5 crore.  

Profit before tax grew 37.04% to Rs 4,099.10 crore.&n...



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