NEW DELHI: Maruti Suzuki India on Friday reported a 47.8 per cent enhance in internet profit to Rs 3,877.8 crore for the March quarter, on the again of upper sales volume and beneficial commodity costs.
The nation’s largest automotive maker surpassed annual complete sales milestone of two million items for the primary time in 2023-24.
The firm had posted a internet profit of Rs 2,623.6 crore a 12 months in the past.
During all the FY24, Maruti Suzuki India reported a internet profit of Rs 13,209.4 crore, 64 per cent larger than Rs 8,049.2 crore in FY23, it stated in a regulatory submitting.
“The company was able to better its net profit on account of higher sales volume, favourable commodity prices, cost reduction efforts and higher non-operating income,” Maruti Suzuki India acknowledged.
The firm continued to be the highest exporter for the third consecutive 12 months, contributing 41.8 per cent of the overall passenger car exports from India, it added.
The firm bought a complete of 21,35,323 automobiles in the course of the 12 months, registering a development of 8.6 per cent over FY23. Sales volume within the home market stood at 18,52,256 items and exports at 2,83,067 items.
Maruti Suzuki registered internet sales of Rs 1,34,937.8 crore in FY24, a development of 19.9 per cent over the web sales of Rs 1,12,500.8 crore in FY23.
During the fourth quarter, Maruti Suzuki bought 5,84,031 automobiles in the course of the quarter, 13.4 per cent larger than the identical interval earlier 12 months.
The sales volume within the home market stood at 5,05,291 items within the quarter below evaluate.
The sales volume within the export market was 78,740 items, 21.7 per cent larger than 64,719 items within the March quarter of FY23.
During the quarter, the corporate registered internet sales of Rs 36,697.5 crore in opposition to Rs 30,821.8 crore in the identical interval of the earlier 12 months.
The Board of Directors of the corporate really useful highest-ever dividend of Rs 125 per share (face worth of Rs 5 per share) in contrast to Rs 90 per share in FY23.
The nation’s largest automotive maker surpassed annual complete sales milestone of two million items for the primary time in 2023-24.
The firm had posted a internet profit of Rs 2,623.6 crore a 12 months in the past.
During all the FY24, Maruti Suzuki India reported a internet profit of Rs 13,209.4 crore, 64 per cent larger than Rs 8,049.2 crore in FY23, it stated in a regulatory submitting.
“The company was able to better its net profit on account of higher sales volume, favourable commodity prices, cost reduction efforts and higher non-operating income,” Maruti Suzuki India acknowledged.
The firm continued to be the highest exporter for the third consecutive 12 months, contributing 41.8 per cent of the overall passenger car exports from India, it added.
The firm bought a complete of 21,35,323 automobiles in the course of the 12 months, registering a development of 8.6 per cent over FY23. Sales volume within the home market stood at 18,52,256 items and exports at 2,83,067 items.
Maruti Suzuki registered internet sales of Rs 1,34,937.8 crore in FY24, a development of 19.9 per cent over the web sales of Rs 1,12,500.8 crore in FY23.
During the fourth quarter, Maruti Suzuki bought 5,84,031 automobiles in the course of the quarter, 13.4 per cent larger than the identical interval earlier 12 months.
The sales volume within the home market stood at 5,05,291 items within the quarter below evaluate.
The sales volume within the export market was 78,740 items, 21.7 per cent larger than 64,719 items within the March quarter of FY23.
During the quarter, the corporate registered internet sales of Rs 36,697.5 crore in opposition to Rs 30,821.8 crore in the identical interval of the earlier 12 months.
The Board of Directors of the corporate really useful highest-ever dividend of Rs 125 per share (face worth of Rs 5 per share) in contrast to Rs 90 per share in FY23.
