Sequentially, the auto giant's total production declined 5.09% as compared with 177,312 units produced in October 2024. In November 2024, the production of passenger vehicles was at 164,941 units, showing a slight increase from 144,912 units produced in November 2023. Additionally, the production of light commercial vehicles reached 3,345 units in November 2024, registering a YoY growth of 17.33%. Meanwhile, the company's total sales rose 10.39% to 181,531 units in November 2024 as against 164,439 units sold in November 2023. The sales of domestic passenger vehicles stood at 141,312 units (up 5.33% YoY), while sales of light commercial vehicles came in at 2,926 units (up 16.62% YoY) during the period under review. While the company's total domestic sales (PV+LCV+OEM) advanced 8.06% YoY to 152,898 units, total export sales increased by 24.76% YoY to 28,633 units sold in November 2024. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). The company reported 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live

Maruti Suzuki India achieved production of 168,286 units in month of November 2024 compared to 147,763 units in November 2023x, recording a growth of 13.89%. Powered by Capital Market - Live

The sales of domestic passenger vehicles stood at 141,312 units (up 5.33% YoY), while sales of light commercial vehicles came in at 2,926 units (up 16.62% YoY) during the period under review. While the company's total domestic sales (PV+LCV+OEM) advanced 8.06% YoY to 152,898 units, total export sales increased by 24.76% YoY to 28,633 units sold in November 2024. Maruti Suzuki India is engaged in the manufacture, purchase, and sale of motor vehicles, components, and spare parts (automobiles). The company reported a 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live

Maruti Suzuki India (MSIL), today, introduced the Dazzling New Dzire with petrol and S-CNG models. Introducing the All-New Dzire, Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, The Maruti Suzuki Dzire has long stood as a hallmark of excellence in the sedan segment and chosen by customers to become India's highest-selling sedan year-after-year. With each generation, it has revolutionised the market and redefined customer expectations. The Dazzling New Dzire exemplifies this enduring legacy with emphasis on styling, performance, features and safety. Sporting a progressive sleek design and plush interiors, the all-new Dzire resonates with the aspirations of today's ambitious and successful individuals. Furthermore, the advanced Z-Series engine makes it India's most fuel-efficient sedan.Powered by Capital Market - Live

Sequentially, the auto giant's total production jumped 10.99% as compared with 159,743 units produced in September 2024. In October 2024, the production of passenger vehicles was at 173,662 units, showing a slight increase from 173,230 units produced in October 2023. Additionally, the production of light commercial vehicles reached 3,650 units in October 2024, registering a year-on-year growth of 13.81%. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). The company reported 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. The scrip slipped 1.61% to currently trade at Rs 10,934.20 on the BSE. Powered by Capital Market - Live

Maruti Suzuki India has recorded production of 177,312 units in month of October 2024 compared to 176,437 units in October 2023. Powered by Capital Market - Live

Maruti Suzuki India (MSIL) today commenced bookings for its highly anticipated 4th Generation Dzire. India's highest-selling compact sedan*, the All-New Dzire is set to revolutionise the segment with its progressive design, segment first features and unparalleled value proposition. Building on the remarkable legacy of the Dzire brand, this new generation model represents a significant leap forward in Maruti Suzuki's commitment to offer exceptional vehicles to the Indian market. *Claim verified by JATO Dynamics as on 17 October 2024Powered by Capital Market - Live

While the company's total domestic sales fell by 2.3% to 173,266 units, total exports increased by 51.1% to 33,168 units in October 2024 over October 2023. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). The company reported 17.4% fall in net profit to Rs 3,069.2 crore as sales remained almost flat at Rs 35,589.1 crore in Q2 FY25 as compared with Q2 FY24. The scrip rose 0.31% to currently trade at Rs 11,115.20 on the BSE.Powered by Capital Market - Live

Shares of Maruti Suzuki tumbled 7.65% in the past four sessions. It fell 3.79% on Tuesday (29 October 2024) after the company reported 17.4% fall in net profit to Rs 3,069.2 crore while sales remained almost flat at Rs 35,589.10 crore in Q2 FY25 over Q2 FY24. The fall in net profit was due to a provision of Rs 837.6 crore resulting from the withdrawal of indexation benefit and change in tax rate on long term capital gains on debt mutual funds as per the Finance Act 2024. The company sold a total of 541,550 vehicles during the quarter, of which the domestic market volume was 463,834 vehicles and the export volume was 77,716 vehicles. While the domestic volume declined by 3.9%, the export volume grew by 12.1% compared to the same period of the previous year. Maruti Suzuki stated that gains from cost reduction efforts, favourable foreign exchange variation and higher non-operating income were offset by higher sales promotion expenses. The car major hosted a conference call on 29 October 2024. In the conference call, the company was represented by Arnab Roy-CFO. The company's Manesar facility achieved a significant milestone, crossing the one crore unit production mark. While demand for passenger vehicles (PVs) remained subdued in Q2 FY25, the company implemented increased discounts to stimulate sales. The average discount per car during the quarter was Rs 29,300. However, the company is optimistic about the ongoing festive season, anticipating a potential uptick in demand. The company aims to achieve a 3.7% year-over-year growth in retail sales from April 2024 to October 2024. Inventory levels have been reduced to approximately one month. The company's margin decreased in Q2 FY25 due to higher sales promotion expenses and adverse commodity prices. To enhance customer satisfaction, the company extended its warranty package to up to 6 years or 60,000 kilometers. Domestic sales contributed 86% to the total revenue in Q2 FY25, while exports accounted for the remaining 14%. Maruti Suzuki India is engaged in the manufacture, purchase and sale of motor vehicles, components, and spare parts (automobiles). Powered by Capital Market - Live

Net profit of Maruti Suzuki India declined 18.06% to Rs 3102.50 crore in the quarter ended September 2024 as against Rs 3786.20 crore during the previous quarter ended September 2023. Sales rose 0.14% to Rs 35586.50 crore in the quarter ended September 2024 as against Rs 35535.20 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales35586.5035535.20 0 OPM %14.0514.95 - PBDT6526.306234.20 5 PBT5140.604892.30 5 NP3102.503786.20 -18 Powered by Capital Market - Live