Conference Call with Maruti Suzuki India Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Cars & Utility Vehicles company Maruti Suzuki India announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: The Company sold a total of 5,41,550 vehicles during the quarter, of which the domestic market volume was 4,63,834 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. During the quarter, the Company registered Net Sales of Rs 3,55,891 million against Rs 3,55,351 million in the same period of the previous year. The Profit Before Tax (PBT) for the quarter grew by 6.3% year-on-year to Rs 51,005 million, being its highest ever for the Company. The Net Profit (PAT) for the quarter declined to Rs 30,692 million compared to Rs 37,165 million of Q2FY24 due to a provision of Rs 8,376 million 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. This impact was intimated earlier to the stock exchanges on 17th August 2024. H1FY25 Financial Highlights: The Company sold a total of 10,63,418 units during the period, comprising 9,15,142 units in the domestic market and at 148,276 units in the export market. While the domestic market sales declined by 0.3%, the export sales volume grew by 11.9% year-on-year. The Company registered its highest ever half yearly Net Sales of Rs 694,644 million in H1FY25 as compared to Rs 663,803 million in H1FY24. Net Profit in H1FY25 was at Rs 67,191 million as against Rs 62,016 million in H1FY24. Result PDF