Maruti Suzuki India Ltd., the country’s largest passenger carmaker, reported April-June quarter results on Thursday, July 31, that surpassed Street expectations.A healthy Q1 performance, aided by higher other income, came against muted expectations. Revenue growth remained modest but exceeded estimates.
Net profit for the period was marginally higher than last year at ₹3,712 crore, while a CNBC-TV18 poll had expected the figure at ₹3,078 crore.
For the quarter, revenue stood at ₹38,414 crore, which is higher compared to the CNBC-TV18 poll of ₹36,190 crore, and up 8% on a year-on-year basis from ₹35,531 crore.
Other income stood at ₹1,823 crore, in comparison to ₹975 crore last year.Maruti’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) declined 11.2% from the year-ago period to ₹3,997 crore, while margin stood at 10.4% from 12.7% last year.
Net profit for the period was marginally higher than last year at ₹3,712 crore, while a CNBC-TV18 poll had expected the figure at ₹3,078 crore.
For the quarter, revenue stood at ₹38,414 crore, which is higher compared to the CNBC-TV18 poll of ₹36,190 crore, and up 8% on a year-on-year basis from ₹35,531 crore.
Other income stood at ₹1,823 crore, in comparison to ₹975 crore last year.Maruti’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) declined 11.2% from the year-ago period to ₹3,997 crore, while margin stood at 10.4% from 12.7% last year.
Average Selling Price (ASP) came in ahead of estimates, rising 7% year-on-year and 8% sequentially.
Total volumes dipped 13% quarter-on-quarter but saw a modest 1% rise compared to the same period last year.
Maruti Suzuki said the domestic passenger vehicle market remained subdued during the quarter. However, a 4.5% drop in domestic sales was more than offset by a robust 37.4% surge in exports.
Maruti Suzuki India shares are currently trading 0.72% lower at ₹12,527. On a year-to-date basis, the stock is up nearly 12%.
First Published: Jul 31, 2025 11:24 AM IS
