Don’t miss the latest developments in business and finance.

Home / Opinion / Columns / Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share

Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share

Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share

Maruti Suzuki Fronx, Nexa
Premium
Photo: Nexaexperience.com
2 min read Last Updated : Apr 26 2023 | 5:01 PM IST
Connect with us
Facebook IconLinkedIN Icon
Maruti Suzuki India Ltd on Wednesday reported a 42.6 per cent rise in profit after tax (PAT) from Rs 1,838.9 crore in the quarter ending March 31, 2022, to Rs 2,623.6 crore in the quarter ending March 31, 2023.
In the year 2022-23 (FY23), the PAT was up 113.7 per cent from Rs 3,766.3 crores in FY22 to Rs 8,049.2 crore.
During the quarter, the automaker reported net sales of Rs 30,821.8 crore. In the same quarter last year, the net sales were Rs 25,514 crore.
The company sold 514,927 vehicles during the quarter, higher by 5.3 per cent compared to the same period previous year. The sales in the domestic market stood at 450,208 units, up by 7.1 per cent over that in Q4FY22. 
The sales in the export market were at 64,719 units as compared to 68,454 units in Q4FY22
In the whole year, the company sold a total of 1,966,164 vehicles. This translated to a rise of 19 per cent over FY22 sales volume of 1,652,653 vehicles. 
Maruti Suzuki India Ltd on Wednesday reported a 42.6 per cent rise in profit after tax (PAT) from Rs 1,838.9 crore in the quarter ending March 31, 2022, to Rs 2,623.6 crore in the quarter ending March 31, 2023.
In the year 2022-23 (FY23), the PAT was up 113.7 per cent from Rs 3,766.3 crores in FY22 to Rs 8,049.2 crore.
During the quarter, the automaker reported net sales of Rs 30,821.8 crore. In the same quarter last year, the net sales were Rs 25,514 crore.
The company sold 514,927 vehicles during the quarter, higher by 5.3 per cent compared to the same period previous year. The sales in the domestic market stood at 450,208 units, up by 7.1 per cent over that in Q4FY22. 
The sales in the export market were at 64,719 units as compared to 68,454 units in Q4FY22
In the whole year, the company sold a total of 1,966,164 vehicles. This translated to a rise of 19 per cent over FY22 sales volume of 1,652,653 vehicles. 

Connect with us on WhatsApp

More From This Section

The fabulous imprecision of history

Chinaaa RMB project making steady progress

Will my job be threatened?

Consumer sentiments fall short

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics :Maruti Suzuki Autoautomobile industry

First Published: Apr 26 2023 | 5:01 PM IST

Explore News Home

Next Story