NEW DELHI: Maruti Suzuki India on Friday reported a 47.8 per cent improve in internet revenue to Rs 3,877.8 crore for the March quarter, on the again of upper gross sales quantity and beneficial commodity costs.
The nation’s largest automobile maker surpassed annual complete gross sales milestone of two million models for the primary time in 2023-24.
The corporate had posted a internet revenue of Rs 2,623.6 crore a 12 months in the past.
Throughout the whole FY24, Maruti Suzuki India reported a internet revenue of Rs 13,209.4 crore, 64 per cent larger than Rs 8,049.2 crore in FY23, it mentioned in a regulatory submitting.
“The corporate was in a position to higher its internet revenue on account of upper gross sales quantity, beneficial commodity costs, value discount efforts and better non-operating earnings,” Maruti Suzuki India acknowledged.
The corporate continued to be the highest exporter for the third consecutive 12 months, contributing 41.8 per cent of the overall passenger automobile exports from India, it added.
The corporate offered a complete of 21,35,323 automobiles in the course of the 12 months, registering a development of 8.6 per cent over FY23. Gross sales quantity within the home market stood at 18,52,256 models and exports at 2,83,067 models.
Maruti Suzuki registered internet gross sales of Rs 1,34,937.8 crore in FY24, a development of 19.9 per cent over the web gross sales of Rs 1,12,500.8 crore in FY23.
In the course of the fourth quarter, Maruti Suzuki offered 5,84,031 automobiles in the course of the quarter, 13.4 per cent larger than the identical interval earlier 12 months.
The gross sales quantity within the home market stood at 5,05,291 models within the quarter beneath overview.
The gross sales quantity within the export market was 78,740 models, 21.7 per cent larger than 64,719 models within the March quarter of FY23.
In the course of the quarter, the corporate registered internet gross sales of Rs 36,697.5 crore in opposition to Rs 30,821.8 crore in the identical interval of the earlier 12 months.
The Board of Administrators of the corporate advisable highest-ever dividend of Rs 125 per share (face worth of Rs 5 per share) in comparison with Rs 90 per share in FY23.



LEAVE A REPLY

Please enter your comment!
Please enter your name here