Maruti Suzuki cuts vehicle production by around 21% to 1.36 lakh units in March on subdued demand
5 years, 9 months ago

Maruti Suzuki cuts vehicle production by around 21% to 1.36 lakh units in March on subdued demand

Firstpost  

New Delhi: The country’s largest car maker Maruti Suzuki India cut vehicle production by around 21 percent across its factories in March due to subdued demand. The auto major produced a total of 1,36,201 units in March, including Super Carry LCV, down 20.9 percent from 1,72,195 units in the year-ago period, it said in a regulatory filing. The compact segment saw 7.5 percent decline in production to 81,163 units, while utility vehicle witnessed a drop of 26.4 percent to 17,719 units in March. The second production line has been commissioned at the plant, but is yet to reach its peak capacity of 2.5 lakh units per annum.

Production Subdued Demand Units Produced  suzuki  maruti  production  including  units  produced  cuts  21  yearago  vans  capacity  lakh  subdued  demand  msi  vehicle

History of this topic

Maruti Suzuki sets board meeting on THIS date for Q3 results 2025. Details here
2 days, 4 hours ago

Maruti Suzuki sets board meeting on THIS date for Q3 results 2025. Details here

Live Mint  

Leading automaker Maruti Suzuki has announced its board meeting for January 29, 2025, to review and approve the company's unaudited financial results for the quarter ending December 31, 2024. Meanwhile, Maruti Suzuki India, the largest passenger car maker in India, is expected to post revenue growth of 16 percent YoY in Q3FY25, led by strong volumes and higher realisation. Maruti …

At Maruti Suzuki, small cars are back in the driver’s seat
1 week, 6 days ago

At Maruti Suzuki, small cars are back in the driver’s seat

Live Mint  

Maruti Suzuki India Ltd’s sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles. It’s important to note, however, that December was the first month in FY25 in which small cars posted year-on-year sales growth. Maruti’s management also alluded to the higher sales in rural areas during the festival …

Maruti Suzuki share price jumps over 4%. What's behind today's gain?
Trending News
1 week, 6 days ago

Maruti Suzuki share price jumps over 4%. What's behind today's gain?

India Today  

Shares of Maruti Suzuki India Ltd surged over 4% in Thursday’s trading session, hitting an intraday high of Rs 11,675 on the Bombay Stock Exchange. December 2024 proved to be a strong month for Maruti Suzuki, as total sales rose 29.5% year-on-year to 1,78,248 units compared to 1,37,551 units in December 2023. Sales in the mini-segment, including models like Alto …

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine
1 week, 6 days ago

Strong show by Maruti in 2024, wholesales grow 3% as WagonR, Ertiga, Brezza, Swift shine

India Today  

The country's largest carmaker, Maruti Suzuki India, recorded its highest-ever calendar year wholesales in the domestic market at 17,90,877 units in 2024, driven by a robust show from models like the WagonR, Ertiga, Brezza, Swift, Baleno, Dzire and Fronx. Top-selling Maruti cars in 2024 Maruti Suzuki WagonR - 1.98 lakh units Maruti Suzuki Ertiga - 1.90 lakh units Maruti Suzuki …

Maruti Dzire Surpasses 3 Million Production Milestone
2 weeks ago

Maruti Dzire Surpasses 3 Million Production Milestone

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, has achieved a new milestone with the production of its popular Dzire sedan, surpassing the 3-million-unit mark. It took Maruti Suzuki 16 years and 11 months to build 3 million units of the Dzire. “We are deeply grateful to our customers for their continued trust, which has been a key to achieving the …

Osamu Suzuki, architect of India’s ₹47,000 car revolution, dies at 94
2 weeks, 4 days ago

Osamu Suzuki, architect of India’s ₹47,000 car revolution, dies at 94

Live Mint  

New Delhi: Osamu Suzuki, the visionary who brought affordable mobility to millions in India with the Maruti 800 and positioned the country as Suzuki Motor Corporation’s global growth engine, has died. Best known for forging Suzuki’s landmark partnership with the Indian government in the 1980s, Osamu Suzuki’s determination and foresight made India the company’s most critical market. “Osamu Suzuki didn’t …

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga
4 weeks, 1 day ago

Maruti Suzuki hits 20 lakh vehicles produced in 2024, led by Baleno, Fronx, and Ertiga

Live Mint  

Automaker Maruti Suzuki has reached a significant production milestone, becoming the first original equipment manufacturer in India to produce two million vehicles in a single calendar year, reported ANI. Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India, highlighted the achievement as a reflection of India's growing manufacturing capabilities and the company’s commitment to the 'Make in India' initiative. …

Maruti achieves this historic production milestone. Not done by Hyundai, Tata, Mahindra
4 weeks, 1 day ago

Maruti achieves this historic production milestone. Not done by Hyundai, Tata, Mahindra

India Today  

Maruti Suzuki India today announced a production milestone of 2 million vehicles in a calendar year for the first time in its history. This achievement reflects our commitment, alongside our supplier and dealer partners, to driving economic growth, supporting nation building, and making India's automobile industry self-reliant and globally competitive," Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India. In …

Maruti Suzuki car prices to rise by up to 4 percent from January 2025
1 month, 1 week ago

Maruti Suzuki car prices to rise by up to 4 percent from January 2025

India TV News  

Maruti Suzuki India Limited has announced that it will raise the prices of its cars starting in January 2025. This price increase announcement from Maruti Suzuki follows similar decisions from other major car brands. For instance, Hyundai Motor India Limited announced on December 5 that it would increase prices by up to Rs 25,000 for its 2025 models, effective January …

Planning to buy a car in 2025? Maruti Suzuki, Hyundai, Mahindra, and others announce price hikes starting January
1 month, 1 week ago

Planning to buy a car in 2025? Maruti Suzuki, Hyundai, Mahindra, and others announce price hikes starting January

Live Mint  

Indian car buyers are bracing for price hikes as several major automakers, including Maruti Suzuki, JSW MG Motor, and Hyundai Motor India, announce plans to increase vehicle prices starting January 2025. Hyundai Motor India, the country's second-largest carmaker, confirmed a price increase of up to ₹25,000 across all models starting January 1. “Minor price adjustments are inevitable to offset rising …

Maruti, Mahindra and MG cars to become pricier by 3-4% from next month
Trending News
1 month, 1 week ago

Maruti, Mahindra and MG cars to become pricier by 3-4% from next month

New Indian Express  

Get ready to pay more for four-wheelers as top automakers are increasing the prices of their models by 3-4% from next month. “In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from January 2025. It added, “While the company continuously strives to optimize costs and minimize the impact on …

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline
1 month, 1 week ago

Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline

Deccan Chronicle  

India's passenger vehicle market witnessed varied performance across major automakers in November 2024.While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market.Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. However, the company's sales in October 2024 were higher at …

History made! Meet India's only carmaker to reach 3 million exports. Not Tata, Mahindra
1 month, 3 weeks ago

History made! Meet India's only carmaker to reach 3 million exports. Not Tata, Mahindra

India Today  

The country's largest carmaker, Maruti Suzuki India, today announced that it has reached the milestone of 3 million cumulative vehicle exports. The progression from 2 million to 3 million cumulative exports was achieved in just three years and nine months, making it the fastest million for Maruti Suzuki. "The 3 million cumulative exports milestone reflects India's automobile manufacturing excellence and …

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October
2 months, 1 week ago

Maruti Suzuki Records Highest Monthly Sales of 2.06 Lakh Units in October

Hindustan Times  

Maruti Suzuki achieves a new sales record in October, with 2.06 lakh units sold. The company primarily sold utility vehicles, with the Brezza, Ertiga, and Grand Vitara accounting for 70.644 units, a significant increase from last year's 59,147 units. The compact car segment, including the Baleno and Celerio, saw a decline in sales, while the 'mini' segment experienced a significant …

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more
3 months, 1 week ago

Stocks to Watch: Mankind Pharma, Suzlon Energy, Adani Enterprises, Godrej Properties, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Maruti Suzuki India recorded total sales of 1.84 lakh units in September 2024, marking a 1.9 percent year-on-year increase. While total domestic sales declined by 1.15 percent to 1.57 lakh units, passenger vehicle sales dropped by 3.9 percent to 1.45 lakh units. Eicher Motors saw an …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
6 months, 1 week ago

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher

Live Mint  

Maruti Suzuki, India's largest carmaker, posted a robust 12.42 per cent sales growth in June. However, Maruti Suzuki's mid-segment cars like Alto and S-Presso faced a decline in sales figures, going down 49.5 per cent to 9,395 units as compared to 14,054 units in June 2023. The sale of the company's utility vehicles, which include Brezza, Ertiga, Fronx, Jimny, and …

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher
6 months, 1 week ago

Maruti Suzuki clocks 12.42% sales growth, exports surge; shares close 0.62% higher

Live Mint  

India's largest carmaker posted a 12.42 per cent increase in the number of cars sold. {{^adFree}} {{/adFree}} However, Maruti Suzuki's mid-segment cars like Alto and S-Presso faced a decline in sales figures, going down 49.5 per cent to 9,395 units as compared to 14,054 units in June 2023. The sale of the company's utility vehicles, which include Brezza, Ertiga, Fronx, …

Maruti Suzuki sales rise 12% to 1,79,228 units in June
6 months, 2 weeks ago

Maruti Suzuki sales rise 12% to 1,79,228 units in June

Hindustan Times  

Automaker Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India said in a statement. The total domestic passenger vehicle sales were 1,37,160 units last month compared to 1,33,027 units in the year-ago …

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki
7 months ago

Passenger vehicle exports rise by 2.68 lakh units in 4 years; 70 percent is Maruti Suzuki

Hindustan Times  

Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years, with Maruti Suzuki India accounting for nearly 70% of the incremental shipments during the period, PTI reported. Maruti Suzuki contributed nearly half of overall car sales in India in 2023 As per the industry data, passenger vehicle exports in the financial year 2020-21 stood …

Car sales grew by four per cent in May to 3.50 lakh units
7 months, 2 weeks ago

Car sales grew by four per cent in May to 3.50 lakh units

New Indian Express  

MUMBAI: Passenger vehicle sales during the month of May were in the slow lane as buyers’ sentiments were impacted by general elections and extreme heat waves. Maruti Suzuki reported that its domestic PV sales rose marginally to 1,44,002 units last month from 1,43,708 units in the year-ago period. Secondly, there were elections and the scorching temperatures also had an impact …

Car Sales In April Rise Marginally To 3.38 Lakh Units
8 months, 1 week ago

Car Sales In April Rise Marginally To 3.38 Lakh Units

Deccan Chronicle  

After a record all-time high numbers in fiscal 2024, passenger vehicle wholesales during April grew marginally 1.76 per cent year-on-year at 3,38,341 units due to high base of last year and lukewarm retails during the electioneering season in the country. Tata Motors, the third-ranked passenger vehicle maker’s wholesales also grew 2 per cent at 47,983 units as against 47,107 units …

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%
8 months, 2 weeks ago

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported a standalone net profit of Rs 3,878 crore for the fiscal fourth quarter, up 48 per cent from the year-ago period due to higher sales volume and favourable commodity prices. The company declared its highest-ever dividend of Rs 125 per share.Maruti said it has achieved its highest-ever annual sales volume, …

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here
9 months ago

Maruti Suzuki hikes prices of Swift and selected variants of Grand Vitara. Check latest rates here

Hindustan Times  

Maruti Suzuki increased prices of Swift and selected variants of Grand Vitara Sigma. The leading automaker announced a 0.45 percent price hike across models in January as it cited increased cost pressure driven by overall inflation and increased commodity prices. Maruti Suzuki share price today Maruti Suzuki's shares were down 1.6% to ₹12,683.65 apiece on BSE Sensex today. Maruti Suzuki …

Maruti Suzuki shares fall 1% from record high after senior management rejig
9 months, 2 weeks ago

Maruti Suzuki shares fall 1% from record high after senior management rejig

Hindustan Times  

Maruti Suzuki share price: Shares of Maruti Suzuki fell a percent lower to ₹12,401 today after the company's board of directors approved the shuffling of senior management roles. Maruti Suzuki senior management reshuffle: What you need to know As per the changes, Shashank Srivastava, who currently heads the marketing and sales division in the company, will be a member of …

Maruti Suzuki m-cap crosses ₹4 lakh crore-mark as stock hits 3% upper circuit
9 months, 2 weeks ago

Maruti Suzuki m-cap crosses ₹4 lakh crore-mark as stock hits 3% upper circuit

Live Mint  

Maruti Suzuki India Share Price Today: Shares of India's largest car manufacturer were locked at over three per cent upper circuit to hit a 52-week high mark of ₹12,724.95 apiece on the BSE earlier today as the firm's market capitalisation breached ₹4 lakh crore-mark in intra day trade. On Wednesday, March 27, shares of Maruti Suzuki opened at ₹12,265.05 and …

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list
9 months, 2 weeks ago

Maruti Suzuki is 19th listed Indian firm to cross ₹4 lakh crore market cap: Which other companies are on the list

Hindustan Times  

Maruti Suzuki India Ltd is now India's 19th listed company to cross ₹4 lakh crore market capitalisation as the company's shares surged over 23 per cent so far in 2024. As Japanese Yen hit a 34-year low despite country's exit from negative interest rates, Maruti's EBITDA could benefit by cutting costs for imported goods and services. Maruti Suzuki exceeded expectations …

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time
9 months, 3 weeks ago

Maruti Suzuki stock jumps 3.7% to record high, crosses ₹12,000 mark for first time

Live Mint  

In a noteworthy achievement, shares of Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. Today's rally came after the global brokerage firm CLSA stated in its recent note that the …

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts
11 months, 2 weeks ago

Maruti Suzuki Q3 results preview: Net profit likely to rise 20%, say analysts

Live Mint  

India's largest carmaker Maruti Suzuki is all set to announce its financial results for the third quarter ended December 31, 2023, on January 31. Analysts from various brokerages anticipate that the company is likely to experience a decline in margins on a sequential basis due to an unfavourable product mix and increased discounts offered during the December quarter. “We expect …

Maruti Suzuki hikes prices across models by 0.45% effective today
11 months, 4 weeks ago

Maruti Suzuki hikes prices across models by 0.45% effective today

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, on Tuesday announced an increase in prices of its entire model range with immediate effect amid rising cost pressure due to high commodity prices. An estimated weighted average of increase across models stands at around 0.45%, Maruti Suzuki India said in a regulatory filing. Maruti Suzuki India’s production in December …

Suzuki to invest Rs 38,200 crore in Gujarat car plant
1 year ago

Suzuki to invest Rs 38,200 crore in Gujarat car plant

Deccan Chronicle  

Pune: Japanese automaker Suzuki Motor Corporation’s president Toshihiro Suzuki announced on Wednesday that the company will invest Rs 35,000 crore to build a second car plant in Gujarat and will add a new production line at an existing plant. The maker of the popular car models Grand Vitara and Swift has said it wants to double its annual production capacity …

Maruti Suzuki’s board approves increase in Suzuki Motors stake by 2%
1 year, 1 month ago

Maruti Suzuki’s board approves increase in Suzuki Motors stake by 2%

Live Mint  

Maruti Suzuki, on Friday, announced that the board of directors has approved the allocation of 12,322,514 shares to Suzuki Motor Company Ltd through a preferential allotment at the rate of ₹10,420.85 per share. The company has announced that it will be releasing a payment of ₹10,420.85 per equity share for the acquisition of 100% equity shares of Suzuki Motor Gujarat …

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2
1 year, 2 months ago

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported an 80.3 per cent year-on-year jump in its standalone net profit at Rs 3,716.5 crore for the quarter ended September 30 on the back of higher net sales, softening of commodity prices, cost reduction efforts and higher non-operating income. The maker of popular car models like Baleno and Invicto’s profit …

Maruti Suzuki eyes ₹1.25 lakh crore capex till 2030-31 to expand production
1 year, 3 months ago

Maruti Suzuki eyes ₹1.25 lakh crore capex till 2030-31 to expand production

Live Mint  

Maruti Suzuki, India’s largest carmaker, in a regulatory filing on Monday said the company planning to enhance product range to 28 models from 17 currently and expand the production capacity hence it could need a capex of around ₹1.25 lakh crore till 2030-31. The automaker said it is planning to expand its total production capacity to 40 lakh units per …

Maruti 3.0 Increase Capacity 20 Lakh Units Annually In 9 Years Chairman R C Bhargava Maruti Suzuki India
1 year, 5 months ago

Maruti 3.0 Increase Capacity 20 Lakh Units Annually In 9 Years Chairman R C Bhargava Maruti Suzuki India

ABP News  

Automaker Maruti Suzuki India unveiled the new phase of the company titled, ‘Maruti 3.0’, with an aim to increase the capacity by 20 lakhs unit per annum in nine years. The second phase ended with the Covid pandemic, and the Indian car market became the third largest in the world.” Talking about the challenges for the company, Bhargava said, “It …

Maruti Suzuki meets profit estimates; set to acquire parent company's Gujarat plant
1 year, 5 months ago

Maruti Suzuki meets profit estimates; set to acquire parent company's Gujarat plant

Hindustan Times  

Maruti Suzuki India Ltd. reported first-quarter profit in line with the estimate as easing semiconductor crisis boosted sales. Net income was 24.9 billion rupees for the three months ended June 30, compared with 10.1 billion rupees a year earlier, the unit of Japan’s Suzuki Motor Corp. said Monday. Total costs advanced 19% to 301.4 billion rupees, according to the filing, …

Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh
1 year, 6 months ago

Maruti Suzuki drives in Invicto MPV, its most expensive model at ₹25 lakh

The Hindu  

Maruti Suzuki India on July 5 launched premium MPV Invicto at a starting price of ₹24.8 lakh, making it the costliest car in its current portfolio. Elaborating further, MSI Senior Executive Officer Shashank Srivastava said the company attained leadership in the ₹10-15 lakh vehicle segment last fiscal. Mr. Takeuchi said, looking at the immense potential of the Indian automobile market, …

Maruti Suzuki India to double turnover to around ₹1.68 lakh crore by 2030-31
1 year, 6 months ago

Maruti Suzuki India to double turnover to around ₹1.68 lakh crore by 2030-31

Live Mint  

The country largest car manufacturing firm Maruti Suzuki is aiming to double its turnover to around ₹1.68 lakh crore by 2030-31 from FY22 level, said the firm's company Managing Director and CEO Hisashi Takeuchi said on 5 July. The firm is expecting India to 'play a very big role' in Suzuki Motor Corporation's goal to achieve a global turnover of …

Maruti Suzuki’s sales increased by 2% in June, reaching 159,418 units
1 year, 6 months ago

Maruti Suzuki’s sales increased by 2% in June, reaching 159,418 units

The Hindu  

The country's largest carmaker MSI on July 1 reported 2% increase in total wholesales at 1,59,418 units in June. Last month, the company's domestic passenger vehicle sales rose 8% to 1,33,027 units as against 1,22,685 units in the year-ago period, it added. Sales of mini cars, comprising Alto and S-Presso, fell marginally to 14,054 units as compared with 14,442 units …

Maruti Suzuki launches off-roader Jimny with price starting at Rs 12.74 lakh | DETAILS
1 year, 7 months ago

Maruti Suzuki launches off-roader Jimny with price starting at Rs 12.74 lakh | DETAILS

India TV News  

Maruti Suzuki, the largest automaker in the country, has launched the much-anticipated Jimny SUV in India, with costs beginning at Rs 12.74 lakh for the entry-level Zeta trim and going up to Rs 15.05 lakh for the top-spec Alpha trim. MSI Managing Director and CEO Hisashi Takeuchi stated in a statement, "The launch of Jimny marks an exhilarating milestone in …

Maruti Suzuki expects June sales to be impacted by chip shortage: Report
1 year, 7 months ago

Maruti Suzuki expects June sales to be impacted by chip shortage: Report

Live Mint  

Maruti Suzuki India, the largest passenger vehicle manufacturer in India, expects its sales in June to be impacted by semiconductor shortage, as per report. Speaking to CNBC-TV18, Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India said that its June sales are likely to be impacted due to semiconductor availability still under pressure for some of its models. …

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%
1 year, 7 months ago

Maruti Suzuki May sales rise 10% to 1.78 lakh units; PV sales up 15%

Live Mint  

Maruti Suzuki India, the largest passenger car manufacturer in India, reported total vehicle sales at 178,083 units in May 2023, registering a rise of 10.32% as compared to 161,413 units sold in the same month last year. In the passenger vehicle segment, the company's domestic sales increased 15.3% to 143,708 units as against 124,474 units, YoY. Among its Mini and …

Maruti's domestic PV wholesales rise 15% in May
1 year, 7 months ago

Maruti's domestic PV wholesales rise 15% in May

India Today  

Maruti Suzuki India today announced that its domestic passenger vehicle wholesales increased 15.45% at 143,708 units in May 2023 from 124,474 units in the same month last year. Even the sales to other original equipment manufacturer declined 19.48% at 5,010 units in May 2023 from 6,222 units in May 2022. The total exports of Maruti slipped 2.63% at 26,477 units …

Maruti Suzuki Q4 profit up 43% at Rs 2,624 cr, adds 10 lakh capacity
1 year, 8 months ago

Maruti Suzuki Q4 profit up 43% at Rs 2,624 cr, adds 10 lakh capacity

Deccan Chronicle  

PUNE: Maruti Suzuki, India’s biggest car maker on Wednesday said its standalone net profit jumped 43 per cent year-on-year to Rs 2,624 crore for the fourth quarter ended March. The Delhi-based auto major’s revenue from operations grew 20 per cent year-on-year to Rs 32,048 crore for the March quarter. On the operating front, EBITDA jumped 38 per cent to Rs …

Maruti Suzuki Q4 results: Net profit rises 43%, highest-ever dividend declared
1 year, 8 months ago

Maruti Suzuki Q4 results: Net profit rises 43%, highest-ever dividend declared

India Today  

The country's largest carmaker, Maruti Suzuki India, has reported a rise of 43% year-on-year in standalone net profit at Rs 2,624 crore for the quarter ended March 2023 owing to relatively better volumes and improved realization. Category Q4 FY23 Q4 FY22 Growth Net sales Rs 30,822 cr Rs 25,514 cr 21% Revenue from operations Rs 32,048 cr Rs 26,740 cr …

Maruti Suzuki Q4: Profit jumps 42%, revenue up 20% YoY
1 year, 8 months ago

Maruti Suzuki Q4: Profit jumps 42%, revenue up 20% YoY

Live Mint  

India's largest carmaker Maruti Suzuki India posted a consolidated net profit of ₹2,670.8 crore for the January-March quarter of the financial year 2022-23, up 42.4 per cent year-on-year against the profit of ₹1,875.8 crore in the corresponding quarter of the previous financial year. Total revenue from operations for the quarter under review stood at ₹32,059.6 crore, up 19.85 per cent …

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others
1 year, 9 months ago

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Eicher Motors Ltd The auto company reported a 6.73 percent rise in the sales of its motorcycle, Royal Enfield at 72,235 motorcycles in March 2023 as against 67,677 motorcycles sold during the same period last year. For the financial year ended March 2023, Royal …

Maruti Suzuki hikes vehicle prices across all models. Details here
1 year, 9 months ago

Maruti Suzuki hikes vehicle prices across all models. Details here

Live Mint  

Maruti Suzuki on 1 April increased prices of its vehicles across all models. As per the regulatory filing, an estimated weighted average of increase across models stands at around 0.8 percent and is calculated using ex showroom prices of models in Delhi. Recently, Maruti Suzuki India Senior Executive Officer, Marketing and Sales, Shashank Srivastava said that the auto maker expects …

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March
1 year, 9 months ago

From Maruti Suzuki to Tata Motors - A look at vehicle sales in March

Live Mint  

As the financial year comes to an end, several automobile companies have posted their sale records for the month of March. Total two-wheelers sales grew 5% last month to 3,07,559 units while domestic two-wheeler sales rose 22% to 2,40,780 units. Kia India Automaker Kia India said on Saturday that its sales wholesales had declined by 5% to 21,501 units last …

Maruti Suzuki India overseas shipments cross 25 lakh units milestone
1 year, 9 months ago

Maruti Suzuki India overseas shipments cross 25 lakh units milestone

Live Mint  

Maruti Suzuki India Ltd announced on Wednesday that it has crossed the 25 lakh units milestone of cumulative exports since starting overseas shipments. In a statement, Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said “The landmark export of 2.5 million vehicles stands as a testimony to India's manufacturing prowess. This feat demonstrates Maruti Suzuki's resolute commitment to the …

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors
1 year, 9 months ago

Maruti Suzuki targets sales via Nexa outlets to overtake Hyundai, Tata Motors

Live Mint  

Maruti Suzuki India Senior Executive Officer, Marketing and Sales, Shashank Srivastava said that the auto maker expects the sale of its premium vehicles sold through the Nexa retail outlets to exceed the overall sales of Hyundai and Tata Motors by 2023. Maruti Suzuki's Nexa chain accounts for about 23 per cent of the company's overall sales this year and has …

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