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Maruti Suzuki earns profit of Rs 3911 crore, will distribute profit among shareholders

The country’s leading car manufacturer Maruti Suzuki’s profit declined by one percent on an annual basis. The company presented its fourth quarter results today. After this, the decline in the shares has deepened by 2.75 percent. However, the good thing is that the company has announced the biggest dividend ever to its shareholders. Maruti Suzuki India’s consolidated net profit declined by one percent to Rs 3,911 crore in the January-March quarter of the last financial year (2024-25). The net profit of the country’s largest car manufacturer was Rs 3,952 crore in the January-March quarter of the financial year 2023-24.

Announcement of giving dividend of Rs 135

Despite the loss, Maruti Suzuki has announced a record dividend of Rs 135 to the shareholders. Maruti Suzuki India said in a statement to the stock market on Friday that its total income increased to Rs 40,920 crore in the quarter under review, from Rs 38,471 crore in the same quarter of FY 2023-24.

The company’s net profit for the financial year 2024-25 increased by 7.5 percent to Rs 14,500 crore, from Rs 13,488 crore in 2023-24. In the last financial year, the company’s income increased to Rs 1,52,913 crore, from Rs 1,41,858 crore in FY 2023-24.

During this quarter, Maruti sold a total of 604,635 cars, which is the highest ever sales in any quarter. Domestic sales grew by 2.8 percent, while exports grew by 8.1 percent, leading to a total growth of 3.5 percent.

Maruti’s domestic sales stood at 519,546 units and exports stood at 85,089 units. During this period, the company recorded net sales of Rs 38,848.8 crore, while in the same period last year, this sale was Rs 36,697.5 lakh.

Disclaimer: The information given about the shares is not an investment opinion. Since, investing in the stock market is subject to market risks, consult a certified investment advisor before investing.