Jul 31, 2024 05:27 PM IST
Maruti Suzuki saw a 47.85% rise in net profit for Q1 2024-25
Maruti Suzuki India Ltd has announced its first quarter results for the financial year 2024-25 on Wednesday, July 31, 2024.
What was the net profit and revenue of Maruti Suzuki?
Maruti Suzuki saw a 47.85% rise in consolidated net profit. This was an increase of ₹1,216.8 crore, bringing the net profit to ₹3,759.7 crore for the first quarter of 2024-25, compared to ₹2,542.9 crore during the first quarter of 2023-24.
The automaker’s revenue from operations increased by 9.97% or by ₹3,244.6 crore to ₹35,779.40 crore, compared to ₹32,534.8 crore during the same quarter of the previous year.
How did Maruti Suzuki shares perform?
Maruti Suzuki shares closed at ₹13,167.95 on the Bombay Stock Exchange (BSE) after the trading session on Wednesday, July 31, 2024. This was a gain of 2.28% or 293.45 points.