Business

Maruti Suzuki reports strong Q1 2024-25 financial results

Maruti Suzuki while having its domestic sales amounting to 47%. An increase of eighty-five percent in net profit in Q1 of the year 2024-25

Thus, the latest updates on Maruti Suzuki India Ltd.’s quarterly, half-yearly, and yearly consolidated stand-alone results for the quarter ended on Wednesday, 31st of July, for the FY 2024-25.

Maruti Suzuki recorded an accumulation of the domestic market share for the fiscal year up to 47. from 85% in consolidated net profit. But it really increased by only <0x07>1,216.8 crore, and thus the net profit happened to be <0x07>3,759 only. 7 crore for the first quarter of the year 2024-25, up from ₹2,542 crore recorded at the end of the first quarter of the financial year 2024-25. 9 crore during the first quarter of the year 2023-24.

The principle sources of income for the automaker from operations rose by 9.97%, or by 3,244.6 crore, to 35,779.40 crore, while the expenses were only 32,534. 8 crore during the same quarter of the year 2008-09 of the concluding quarter of the fiscal year 2009 earlier this year, amounted to 32.

How was the stock market, especially the Maruti Suzuki stock?

The share price of Maruti Suzuki involving closed at <0xC8>13,167.95 on Bombay Stock Exchange (BSE) by end of business Wednesday, July 31, 2024. This was a gain of 2. 28%, or 293. 45 points.

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Source
Hindustan Times

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