Maruti Suzuki Q1 profit zooms 47% to ₹3,649 crore
Profit rose broadly on account of cost reduction efforts, favourable commodity prices and foreign exchange.
Profit rose broadly on account of cost reduction efforts, favourable commodity prices and foreign exchange.
Maruti Suzuki clocks net profit of ₹13,209 crore in FY24, 64% higher than the net profit of ₹8,049 crore in FY23.
Shortage of electronic components in the April-June quarter resulted in over 28,000 vehicles not being produced, says Maruti Suzuki
Shares of Maruti Suzuki rose as much as 5.6% to ₹9,548 on the National Stock Exchange.
Pending customer orders stood at about 280,000 vehicles at the end of the June quarter, says Maruti Suzuki.