Maruti Suzuki Q3 Results: Auto Giant Earns Profit Of Rs 3,525 Crore, Rises By 13% YoY; All Details Here

Maruti Suzuki, a leading automobile manufacturer, has announced its financial results for the third quarter of the fiscal year 2024-25. The company reported a net profit of ₹3,525 crore, marking a 12.6% increase compared to the same period last year when the profit was ₹3,130 crore. These results were released on January 29.

Despite the positive financial performance, Maruti Suzuki's stock experienced a slight correction. The shares are currently trading at ₹12,010 on the Bombay Stock Exchange (BSE), reflecting a decrease of about 1%.

In its exchange filing, Maruti Suzuki disclosed that its revenue for the October to December period reached ₹38,492 crore. This represents a 15.6% increase from the previous year's revenue of ₹33,309 crore. The company's operating profit or EBITDA rose by 14.4%, from ₹3,907.9 crore to ₹4,470 crore. However, there was a minor decline in the profit margin, which fell to 11.6% from 11.7% year-on-year.

The company reported robust growth in vehicle sales during the December quarter. Total vehicle sales amounted to 5,66,213 units, compared to 5,01,207 units sold in the same quarter last year. Domestic sales reached 4,66,993 units, while exports hit a record high of 99,220 units for the quarter. In comparison, last year's domestic sales were 4,29,422 units with exports at 71,785 units.

Record Sales Volume

From October to December, Maruti Suzuki achieved its highest sales volume in nine months. The company sold a total of 16,29,631 units during this period, reflecting a 5% increase year-on-year. Domestic sales accounted for 13,82,135 units and exports were recorded at 2,47,496 units.

The financial results highlight Maruti Suzuki's strong performance in both domestic and international markets. The company continues to achieve growth in revenue and vehicle sales despite facing slight pressure on profit margins.