Maruti Suzuki Q2 Results: Profit falls 26% YoY to Rs 2,466 crore, but revenue rises 26%
In the July-September quarter, Maruti Suzuki India reported a consolidated net profit drop of 26% compared to the previous year, amounting to Rs 2,466 crore down from Rs 3,349 crore. However, the company achieved a commendable revenue increase of about 26%, reaching Rs 53,356 crore versus Rs 42,344 crore last year. Notably, shares rose more than...
Key Takeaways
- In the July-September quarter, Maruti Suzuki India reported a consolidated net profit drop of 26% compared to the previous year, amounting to Rs 2,466 crore down from Rs 3,349 crore.
- However, the company achieved a commendable revenue increase of about 26%, reaching Rs 53,356 crore versus Rs 42,344 crore last year.
- Notably, shares rose more than 2% following the announcement.
In the July-September quarter, Maruti Suzuki India reported a consolidated net profit drop of 26% compared to the previous year, amounting to Rs 2,466 crore down from Rs 3,349 crore. However, the company achieved a commendable revenue increase of about 26%, reaching Rs 53,356 crore versus Rs 42,344 crore last year. Notably, shares rose more than 2% following the announcement.
Original Publisher Attribution
This summary was curated from Economic Times.