Maruti Suzuki India Q1 2024 Results Revenue ₹355,314 Million Net Profit ₹36,499 Million

Maruti Suzuki India reported its financial results for the first quarter ending on June 30, 2024. The company saw a slight decrease in revenue compared to the previous quarter, with total revenue from operations standing at INR 355,314 million. This is a drop from INR 382,349 million in the last quarter but an increase compared to INR 323,269 million in the same period last year.

Maruti Suzuki’s total income, which includes other income, was INR 365,065 million. This was lower than the INR 393,529 million reported in the previous quarter but higher than INR 333,281 million in the first quarter of the previous year.

Maruti Suzuki’s total expenses for the quarter amounted to INR 318,174 million, which is a decrease from last quarter's INR 343,551 million but higher than the INR 301,379 million recorded a year ago. As a result, the profit before tax was INR 46,891 million, slightly lower than INR 49,978 million in the previous quarter but higher than INR 31,902 million in the same quarter last year.

Maruti Suzuki’s net profit for the quarter, after accounting for taxes, was INR 36,499 million. Although this was less than the previous quarter's profit of INR 38,778 million, it was a significant improvement from INR 24,851 million in the same period last year.

Source: Here 

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Maruti Suzuki India Q1 Results 2024-2025 

Maruti Suzuki’s table helps to clearly see the financial performance of Maruti Suzuki India over the recent quarters.

Maruti Suzuki India Financial Metrics

Maruti Suzuki India’s market value is ₹ 3,83,989 crore, meaning it's worth this much on the stock market. Each share currently costs ₹ 12,213. Over the past year, the highest and lowest share prices were ₹ 13,680 and ₹ 9,410, respectively. 

Here's the data:

Quarterly Results 

Maruti Suzuki India saw its sales rise to ₹38,471 crores from ₹33,513 crores in December 2023. Their expenses also increased to ₹33,250 crores from ₹29,073 crores. Despite higher costs, the company's operating profit grew to ₹5,221 crores, up from ₹4,440 crores. 

Here is the information: 

About Maruti Suzuki India 

Maruti Suzuki India is a major car company in India and a part of the Japanese automaker Suzuki Motor Corporation. It started in February 1981, originally named Maruti Udyog. The Indian government set it up with Suzuki as a partner. Maruti opened its first car factory in Gurugram, Haryana, in 1982.

At first, the Indian government-owned most of the company, and Suzuki had a 26% share. Over time, the Indian government sold its shares, and by 2007, Suzuki owned all of Maruti Suzuki. The company is now headquartered in New Delhi, India.

Maruti Suzuki is a leading company in the Indian car market, with a market share of 42% as of September 2022. It makes a wide range of vehicles, including cars, commercial vehicles, and auto parts. The company also offers services like car financing and maintenance.