Share the post "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.
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.