04 Oct, EOD - Indian

SENSEX 81688.45 (-0.98)

Nifty 50 25014.6 (-0.93)

Nifty Bank 51462.05 (-0.74)

Nifty IT 41912.5 (0.36)

Nifty Midcap 100 58474.45 (-0.93)

Nifty Next 50 74620.25 (-1.10)

Nifty Pharma 23094.7 (-0.36)

Nifty Smallcap 100 18758.65 (-1.02)

04 Oct, EOD - Global

NIKKEI 225 38635.62 (0.22)

HANG SENG 22736.87 (2.82)

S&P 5807.5 (0.80)

Login/Signup

You are Here : Home > Research

26-Apr-2024

Maruti Suzuki India

NP up 47.05% on strong volume growth

'For the quarter ending March 2024, consolidated Net sales (including other operating income) of Maruti Suzuki India has increased 19.43% to Rs 38471.2 crore compared to quarter ended March 2023. Operating profit margin has jumped from 12.09% to 13.57%, leading to 34.09% rise in operating profit to Rs 5,221.10 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 57.01% to 54.80%.   Purchase of finished goods cost rose from 15.35% to 15.36%.   Employee cost increased from 3.93% to 4.13%.   Other expenses rose from 11.75% to 12.00%.   

Other income rose 47.53% to Rs 1183.6 crore.  PBIDT rose 36.39% to Rs 6404.7 crore.  Provision for interest fell 53.39% to Rs 76.2 crore.  Loan funds declined from Rs 1,247.60 crore as of 31 March 2023 to Rs 118.60 crore as of 31 March 2024.  Inventories declined from Rs 5,443.50 crore as of 31 March 2023 to...



Pleaselogin & subscribe to view the full report.

More Reports
More Reports View Company Information

  • Results-Analysis   (31-Jul-2024)

    Maruti Suzuki India

    OPM jumped by 345 bps

  • Results-Analysis   (26-Apr-2024)

    Maruti Suzuki India

    NP up 47.05% on strong volume growth

  • Analyst Meet / AGM-Conference Call   (26-Apr-2024)

    Maruti Suzuki India

    Reported strong growth supported by higher sales volume, favorable commodity prices and cost reduction efforts

  • Results-Analysis   (31-Jan-2024)

    Maruti Suzuki India

    NP up 33.28%