Maruti Suzuki to announce Q4 results today: Analysts anticipate subdued profits, revenue
Maruti Suzuki India had reported a consolidated net profit of ₹3,952 crore in Q4 FY24 and a total income of ₹39,654 crore Â
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ANINDITO MUKHERJEE
Country’s largest passenger vehicles maker, Maruti Suzuki India (MSIL) is set to announce its fourth quarter (Q4) and financial year 2024-25 (FY25) results in the afternoon, and according to analysts it’s net profit may decline by a single digit while revenue may grow by a higher single digit.
According to BNP Paribas Securities, MSIL may deliver a negative earnings surprise due to ramp-up related costs for the new Kharkhoda (Haryana) plant that was kick-started last month.
The company had reported a consolidated net profit of ₹3,952 crore in Q4 FY24 and total income of ₹39,654 crore.
The company announced investment of ₹7,410 crore to set up a third plant at Kharkhoda with a capacity of up to 2.5 lakh vehicles per year. The existing capacity at Kharkhoda stands at 2.5 lakh units per year. Another plant with a capacity of 2.5 lakh units per year is under construction, MSIL had said.
EBIT margin to come in at 9.5 per cent as operating leverage and lower discounting on quarter-on-quarter basis would be offset by Kharkhoda plant’s higher depreciation and overhead costs, said analysts.
Meanwhile, the company management may also update on orderbook and inventory levels, apart from e-Vitara launch plans and volume expectations for FY26.
They may also share rural and urban demand trends, cost-control initiatives, industry discounting trends, commodity price outlook and the average price hike taken during the quarter.
In FY25, the company had total sales (including exports) of 22,34,266 units as compared with 21,35,323 units in FY24.
In domestic wholesales (dispatches to dealers), the company reported marginal growth at 17,60,767 units as compared with 17,59,881 in April-March period the previous year.
Shares of MSIL were trading at ₹11,829.00 apiece at 10.23 a.m. on the BSE on Friday, down 0.60 per cent from the previous close.
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Published on April 25, 2025
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