Latest Quarterly Result Maruti Suzuki India Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

Maruti Suzuki India Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 20.00% in the past year Substantial increase in net sales/revenue by 14.80%.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 69.74%Marginal increase in other income during this quarter, up by 19.76%.
  • Profit over the Year and quarter: Significant improvement in profitability for Maruti Suzuki India Ltd.. Notable increase of 47.98% in net profit Year to YearMaruti Suzuki India Ltd.’s profitability increased by 23.25% in this quarter.
  • EPS over the Year and quarter: EPS increased by 42.19% Year to Year.EPS increased by 23.25%. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Maruti Suzuki India Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 32059.6 Cr Rs. 33512.8 Cr Rs. 38471.2 Cr + 14.8% + 20%
Expenses Rs. 28708 Cr Rs. 29072.8 Cr Rs. 33250.1 Cr + 14.37% + 15.82%
Operating Profit Rs. 3351.6 Cr Rs. 4440 Cr Rs. 5221.1 Cr + 17.59% + 55.78%
OPM % 10.45 % 13.25 % 13.57 % + 0.32% + 3.12%
Other Income Rs. 742.9 Cr Rs. 1052.9 Cr Rs. 1261 Cr + 19.76% + 69.74%
Interest Rs. 99.2 Cr Rs. 35.8 Cr Rs. 76.2 Cr + 112.85% -23.19%
Depreciation Rs. 739.7 Cr Rs. 1301.5 Cr Rs. 1298.3 Cr -0.25% + 75.52%
Profit before tax Rs. 3255.6 Cr Rs. 4155.6 Cr Rs. 5107.6 Cr + 22.91% + 56.89%
Tax % 19.16 % 23.15 % 22.97 % -0.18% + 3.81%
Net Profit Rs. 2670.8 Cr Rs. 3206.8 Cr Rs. 3952.3 Cr + 23.25% + 47.98%
EPS in Rs Rs. 88.41 Rs. 102 Rs. 125.71 + 23.25% + 42.19%


Today, we’re looking at Maruti Suzuki India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20%. However, it did see a marginal increase of 14.8% from the previous quarter.Expenses ticked up slightly by 14.37% quarter-on-quarter, aligning with the annual rise of 15.82%. Operating profit, while up 55.78% compared to last year, faced a quarter-on-quarter increase of 17.59%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.12%, but an expansion of 0.32% sequentially. Other income rose by 19.76% compared to the last quarter,despite an annual growth of 69.74%. Interest expenses surged remarkably by 112.85% from the previous quarter, yet the year-over-year decrease remains at a moderate -23.19%. Depreciation costs fell by -0.25% quarter-on-quarter, whereas on an annual scale, they saw an increase of 75.52%. Profit before tax grew annually by 56.89% but saw an increase from the preceding quarter by 22.91%.
Tax expenses as a percentage of profits increased slightly by 3.81% compared to last year, with a more notable quarter-on-quarter decrease of -0.18%. Net profit rose by 47.98% year-on-year but experienced a 23.25% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.19% but a quarterly rise of 23.25%. In summary, Maruti Suzuki India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 32059.6 Cr Rs. 33512.8 Cr Rs. 38471.2 Cr + 14.8% + 20%
Expenses Rs. 28708 Cr Rs. 29072.8 Cr Rs. 33250.1 Cr + 14.37% + 15.82%
Operating Profit Rs. 3351.6 Cr Rs. 4440 Cr Rs. 5221.1 Cr + 17.59% + 55.78%
Net Profit Rs. 2670.8 Cr Rs. 3206.8 Cr Rs. 3952.3 Cr + 23.25% + 47.98%
EPS in Rs Rs. 88.41 Rs. 102 Rs. 125.71 + 23.25% + 42.19%


In reviewing Maruti Suzuki India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20 % year-on-year growth, however, there was a minor increase of 14.8% from the previous quarter. Expenses rose by 15.82% compared to the previous year, with a 14.37% increase quarter-on-quarter. Operating Profit surged by 55.78% annually, and saw a 17.59% increase from the last quarter.
Net Profit showed yearly increase of 47.98%, and experienced a 23.25% increase from the previous quarter. Earnings Per Share (EPS) rose by 42.19% annually, however rose by 23.25% compared to the last quarter. In essence, while Maruti Suzuki India Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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