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Maruti Suzuki’s Q2FY23 Quarter Results

Maruti Suzuki’s revenues grew 45% YoY
  • 28 Oct 2022
  • Maruti Suzuki reported 15% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 45%.
  • Its expenses for the quarter were up by 10% QoQ and 36% YoY.
  • The net profit increased by 104% QoQ and 334% YoY.
  • The earnings per share (EPS) of Maruti Suzuki stood at 69.9 during Q2FY23.

Maruti Suzuki’s Financial Statements for Q2FY23:

(Rs, crores) Q2FY22 Q1FY23 Q2FY23 QoQ (%) YoY (%)
Total Income
21,057
26,593
30,542
15%
45%
Total Expenses
20,474
25,276
27,926
10%
36%
Profit before tax
610
1,347
2,679
99%
339%
Tax
123
311
566
82%
361%
Profit after tax
487
1,036
2,113
104%
334%
Earnings per share
16.1
34.3
69.9

Data Source: BSE, Company announcements

The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

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