Maruti Suzuki India Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Maruti Suzuki India Ltd reported a 2.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 15.4%.
- Its expenses for the quarter were up by 3.8% QoQ and 15.6% YoY.
- The net profit increased 20.1% QoQ and increased 16.2% YoY.
- The earnings per share (EPS) of Maruti Suzuki India Ltd stood at 118.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 39822.00 | 38972.40 | 34509.20 | 2.2% | 15.4% |
Total Expenses | 35163.10 | 33879.10 | 30410.10 | 3.8% | 15.6% |
Profit Before Tax | 4658.90 | 5093.30 | 4099.10 | -8.5% | 13.7% |
Tax | 999.10 | 2038.10 | 948.80 | -51.0% | 5.3% |
Profit After Tax | 3726.90 | 3102.50 | 3206.80 | 20.1% | 16.2% |
Earnings Per Share | 118.50 | 98.70 | 102.00 | 20.1% | 16.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Maruti Suzuki India Ltd is a leading automotive manufacturer in India, primarily engaged in the production and sale of passenger vehicles. The company is known for its wide range of cars, including popular models such as the Alto, Swift, and Wagon R. Maruti Suzuki operates in the automotive industry, which is characterized by rapid technological advancements and competitive dynamics. The company has a strong market presence in India and has been focusing on enhancing its product offerings and strengthening its distribution network. Recent developments may include efforts to expand production capabilities or introduce new models, although specific details are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2025, Maruti Suzuki India Ltd reported a total income of ₹39,822 crores. This represents a quarter-over-quarter increase of 2.2% from ₹38,972.40 crores in Q2FY25. Year-over-year, the total income increased by 15.4% compared to ₹34,509.20 crores in Q3FY24. The company's revenue growth reflects its strong market position and the demand for its vehicles in the Indian market. The quarter-over-quarter growth indicates a consistent upward trend, while the year-over-year growth highlights a significant improvement in the company's revenue performance over the past year.
Profitability
For Q3FY25, Maruti Suzuki India Ltd achieved a profit before tax of ₹4,658.90 crores, showing a decline of 8.5% from ₹5,093.30 crores in Q2FY25. However, compared to the same quarter last year, there was a 13.7% increase from ₹4,099.10 crores in Q3FY24. The tax expense for the quarter was ₹999.10 crores, significantly reduced from ₹2,038.10 crores in the previous quarter, and slightly up from ₹948.80 crores in the same quarter last year. The profit after tax for Q3FY25 stood at ₹3,726.90 crores, marking a substantial quarter-over-quarter improvement of 20.1% from ₹3,102.50 crores in Q2FY25 and a year-over-year increase of 16.2% from ₹3,206.80 crores in Q3FY24. Earnings per share for the quarter were ₹118.50, showing similar growth patterns to the profit after tax, both quarter-over-quarter and year-over-year.
Operating Metrics
In terms of operating metrics, the total expenses for Maruti Suzuki India Ltd in Q3FY25 were ₹35,163.10 crores, representing a 3.8% increase from ₹33,879.10 crores in Q2FY25 and a 15.6% rise from ₹30,410.10 crores in Q3FY24. The expenses have grown both quarter-over-quarter and year-over-year, reflecting possible increases in production costs or expansion activities. The earnings per share for Q3FY25 were ₹118.50, up by 20.1% from ₹98.70 in Q2FY25 and 16.2% from ₹102.00 in Q3FY24, indicating improved returns for shareholders over both periods. These figures provide insights into the company's operational efficiency and its ability to manage costs while still achieving profitability growth.
