
The automaker sold a total of 5,21,868 vehicles during the first quarter, marking a 5 per cent increase.
Share Post
The automaker sold a total of 5,21,868 vehicles during the first quarter, marking a 5 per cent increase.
Maruti Suzuki India saw its shares rise sharply on Thursday following the release of its financial results for the first quarter of fiscal year 2025. In early trade, the automaker's stock increased by 3.8 per cent to ₹13,622.3 on the National Stock Exchange (NSE) and gained 3 per cent to ₹13,564 on the Bombay Stock Exchange (BSE).
Maruti Suzuki reported a significant 47 per cent increase in profit after tax (PAT), reaching ₹3,650 crore for Q1 FY25, compared to ₹2,485 crore in the same quarter the previous year. The company's net sales also saw a notable rise, climbing to ₹33,875 crore from ₹30,845 crore year-over-year. The surge in profitability and revenue was attributed to a combination of cost-reduction efforts, favourable commodity prices, and gains from foreign exchange.
"The profit increased on account of cost reduction efforts, favourable commodity prices, and foreign exchange gains," the company stated in a regulatory filing.
The automaker sold a total of 5,21,868 vehicles during the first quarter, marking a 5 per cent increase from the same period last fiscal year. In the domestic market, sales reached 4,51,308 units, a 4 per cent rise year-over-year. Maruti Suzuki's export sales also experienced growth, rising 12 per cent to 70,560 units.
Addressing an investor conference, Rahul Bharti, Executive Director of Corporate Affairs at Maruti Suzuki India, highlighted that gains from favourable commodity prices and foreign exchange were partially offset by higher discounts. The average discount per vehicle increased to ₹21,700 in Q1 FY25 from ₹14,500 in Q4 FY24.
Looking ahead, Bharti indicated that Maruti Suzuki is aligning with the Society of Indian Automobile Manufacturers (SIAM)'s forecast of low single-digit growth for the auto industry at the start of the fiscal year, citing factors such as the high base effect.
The company has ambitious plans for the electric vehicle (EV) market, with six EV models slated for release by 2031. Bharti mentioned that almost one EV model would be launched annually following this timeline.
On the export front, the company is optimistic about achieving its target of 3 lakh units in the current financial year. The Middle East, Latin America, and Africa were identified as key growth regions contributing to the rise in export sales.
BMW F 450 GS To Get Semi-Automatic Gearbox As An Option
Arun Mohan Nadar 8 Jul, 2025, 4:26 AM IST
Alpine A290 Rallye For Customer Racing Revealed Ahead Of Goodwood Debut
Sutanu Guha 7 Jul, 2025, 2:31 PM IST
Bentley Enters India Officially As Part of Skoda Auto Volkswagen India Group
Satvik Khare 7 Jul, 2025, 2:27 PM IST
Auto Sales June 2025: Electric Two-Wheeler Sales Grows At Great Pace, But Future Remains Uncertain
Sutanu Guha 7 Jul, 2025, 1:28 PM IST
Chinese Automaker Onvo Shows Off Cars Performing “AI Self Test” Prior to L90 SUV Launch
Jamshed Avari 7 Jul, 2025, 12:57 PM IST
Looking for a new car?
We promise the best car deals and earliest delivery!