**Maruti Suzuki Q3 Results: Consolidated Profit Surges 16%, Sales Increase 13% YoY**
Maruti Suzuki India, the largest automobile manufacturer in India, announced a 16.22% year-on-year increase in its consolidated net profit for the December quarter of the current financial year (Q3FY25), reaching ₹3,726.9 crore, compared to ₹3,206.8 crore in the same quarter last year.
The total consolidated revenue from operations for the quarter rose by 15.7% year-on-year to ₹38,764.3 crore, up from ₹33,512.8 crore in the December quarter of FY24. On a standalone basis, the company’s profit increased by 13% year-on-year to ₹3,525 crore, compared to ₹3,130 crore in the same quarter last year.
Maruti Suzuki’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 14.4% year-on-year to ₹4,470.3 crore, up from ₹3,907.9 crore in the same quarter last year, although the EBITDA margin slightly declined to 11.6% from 11.7% year-over-year.
The company reported record net sales of ₹36,802 crore for the quarter, compared to ₹31,860 crore in the same period last year, with sales increasing nearly 13% year-on-year. Maruti Suzuki sold 566,213 vehicles during the quarter, a rise from 501,207 units in the same quarter last year. In the domestic market, sales reached 466,993 units, up from 429,422 units in the same quarter last year. Additionally, the company achieved its highest-ever quarterly exports, totaling 99,220 units, compared to 71,785 units in the same quarter last year.
For the nine-month period from April to December of the current financial year (9MFY25), Maruti Suzuki sold 1,629,631 units, marking a 5% increase over 9MFY24. Domestic sales for this period stood at 1,382,135 units, while exports totaled 247,496 units. The company recorded net sales of ₹1,06,266.4 crore in 9MFY25, up from ₹98,240.3 crore in 9MFY24, and reported a net profit of ₹10,244.1 crore, compared to ₹9,331.6 crore in the previous year.
As of 2:20 PM, Maruti Suzuki shares were trading 0.93% lower at ₹12,009.85.
