Maruti Suzuki Q1 results show revenue up from 32802.5 crores to 33316.9 crores, a 1.57% increase in growth. EPS rise from ₹88.41 to ₹83.59, down by -5.45%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Maruti Suzuki shared its Q1 results on Monday. They earned 33316.9 crores in revenue this quarter, but that’s more than the 32802.5 crores they made last quarter. The company’s growth increased by 1.57 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 252.52 crores, down from 267.08 crores in the previous quarter. Their quarter-to-quarter growth decreased by -5.45 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹83.59, which is a decrease of -5.45% from the ₹88.41 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 33316.9 crores this year (2023), which is 25.29 percent higher than last year’s total revenue of 26592.7 crores.
This year’s PAT (Profit After Tax) is 252.52 crores, which is also 143.70% higher than last year’s PAT of 103.62 crores.
The EPS (Earnings Per Share) for this year is ₹83.59, which is 143.70% more than the EPS of ₹34.30 earned last year.
Also Read: Adani Energy Solutions Q1FY24 Results: Consolidated PAT Down to Rs. 175.06 Cr
Maruti Suzuki Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Maruti Suzuki:
Maruti Suzuki India Limited serves as the Indian subsidiary of the Japanese automaker, Suzuki Motor Corporation. As of September 2022, the company holds a dominant market share of 42 percent in the Indian passenger car market. It has earned a reputation for producing highly reliable and low-maintenance cars tailored to the Indian market.
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