Maruti's share in Suzuki revenue jumps to 40.9% in April-December

Maruti's share in its global revenues jumped from 33.42 per cent in April-December period of FY22 to 40.93 per cent in the corresponding period of FY23

Maruti Suzuki’s contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23.

According to SMC’s results declared on Tuesday, Maruti’s share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.

The previous peak was observed in FY18 when Maruti’s share stood at 37.14 per cent.

“Sales in India increased, compared to the same period last year, which was affected by limited availability of dealers. It was due to lockdown and production decline owing to