Maruti Suzuki Q3 Results: Date, Earnings Call Details, Share Price History And More
Shares of Maruti Suzuki India Ltd. have been largely flat, declining 0.74%, over the last five sessions on the NSE.
Maruti Suzuki India Ltd. is scheduled to declare its results for the quarter ended Dec. 31, 2024, soon. Maruti Suzuki India is the country’s largest carmaker, selling an array of hatchbacks, sedans, MUVs and SUVs.
The company recently launched its first electric vehicle, eVitara, and aims to be the No.1 EV maker in the country. Established in 1981, Maruti Suzuki now has a market cap of over Rs 3.75 lakh crore.
The company has already informed the stock exchanges about the declaration of its Q3 results. Here is everything you need to know about Maruti Suzuki's Q3 financial results.
Maruti Suzuki Q3 Results: Date And Time
Maruti Suzuki India in an exchange filing on Jan. 13 said that a meeting of its board of directors is scheduled on Wednesday, Jan. 29, to approve and declare the financial results for the December 2024 quarter.
“We hereby intimate that a meeting of the board of directors of the company is scheduled to be held on Wednesday, the 29th January 2025, to consider and approve, inter-alia, the unaudited financial results for the quarter ended on 31st December 2024,” it said in a stock exchange filing.
Maruti Suzuki Q3 Results: Earnings Call Details
In another stock exchange filing on Jan. 24, the company said an earnings call (group conference call) for the analysts and investors for Quarter 3 of F.Y. 2024 -25 is scheduled for Wednesday, January 29 at 5:00 p.m.
Maruti Suzuki Share Price History
Shares of Maruti Suzuki India Ltd. have been largely flat, declining 0.74%, over the last five sessions on the NSE. In the last six months, the stock price has risen 9.67% and over the past year, the shares have jumped over 20% on the NSE.
Shares of Maruti Suzuki India declined 0.80% intraday on Jan. 24 to touch a low of Rs 11,949.35 apiece. The benchmark Nifty 50 was down 0.49% at 23,092.20.
Maruti Suzuki Q2 Results
Maruti Suzuki India reported a 17.4% year-on-year decline in net profit for Q2 FY25 at Rs 3,069 crore, missing the estimate of Rs 3,710 crore. Revenue increased YoY by 0.4% to Rs 37,203 crore, meeting the Bloomberg estimate of Rs 37,229 crore. Eitda fell 7.7% from a year-ago period to Rs 4,417 crore, also below the estimated Rs 4,712 crore. The Ebitda margin declined 100 basis points YoY to 11.9%, compared to the expected 12.7%.
The drop in profit was primarily due to a substantial increase in tax outgo, which rose to Rs 1,015 crore in Q2 from Rs 67 crore a year ago.
