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The profit of Maruti Suzuki India, the country's largest 4-wheeler manufacturer and seller based on market cap and sales, has fallen. The company's profit has come down from Rs 3716 crore to Rs 3069 crore. The stock fell 4 percent after the quarterly results.
MARUTI Q2 (STANDALONE) Results- On an annual basis, i.e., as compared to the July-September quarter of the financial year 2023-24, the profit has fallen in the July-September quarter of the financial year 2024-25. It has come down from Rs 3716 crore to Rs 3069. The market had expected the profit to be Rs 3,779 crore.
Income has increased. On an annual basis, i.e., as compared to the July-September quarter of the financial year 2023-24, the income has increased from Rs 37062 crore to Rs 37202 in the July-September quarter of the financial year 2024-25. The market had expected the income to fall to Rs 36,962 crore. EBITDA i.e., working profit has come down from Rs 4784 crore to Rs 4417 crore. EBITDA margin has come down from 12.9% to 11.9%. However, the market was expecting EBITDA to fall to Rs 4,690 crore. At the same time, a slight decline was expected in the margin. It was expected to fall to 12.7 percent. Share condition - On Tuesday morning, the stock opened at Rs 11,450 against the closing price of Rs 11,483.25. After this, the stock has come below Rs 10,500. During this period, the stock has fallen by 5 percent. The stock has fallen 19 percent in one month, 15 percent in three months.
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