Maruti Suzuki Q3 results: Consolidated profit increases 16%, sales rise 13%

Maruti Suzuki Q3 results: Maruti Suzuki India, India’s largest automobile company, on Wednesday, January 29 reported a 16.22 percent rise in its consolidated net profit for the December quarter of the current financial year (Q3FY25) to ₹3,726.9 crore. The company’s profit stood at ₹3,206.8 crore in the same quarter last year.

Total consolidated revenue from operations for the quarter under review grew 15.7 per cent to ₹38,764.3 crore as against ₹33,512.8 crore in the December quarter of FY24.

On a standalone basis, the company’s profit rose 13 percent to ₹3,525 crore from ₹3,130 crore in the same quarter last year. The company’s earnings before interest, tax, depreciation and amortization (EBITDA) grew 14.4 percent to ₹4,470.3 crore as against ₹3,907.9 crore in the same quarter last year.

However, EBITDA margin declined marginally to 11.6 percent from 11.7 percent year-on-year. Maruti said it recorded its highest ever net sales of ₹36,802 crore during the quarter as against ₹31,860 crore in the same period last year. The company said in an exchange filing that its sales grew nearly 13 percent year-on-year.

It sold 5,66,213 vehicles during the quarter as against 5,01,207 units in the same quarter last year. In the domestic market, it sold 4,66,993 units in the quarter as against 4,29,422 units in the same quarter last year. It exported 99,220 units in the quarter, the highest ever in any quarter. It had exported 71,785 units in the same quarter last year.

The company said it has recorded the highest ever growth in nine-month sales volume, net sales and net profit. For the 9-month period (April-December) of the current financial year (FY2025), Maruti Suzuki sold 16,29,631 units, up 5 per cent over the 9-month period of FY2024. Domestic market sales stood at 13,82,135 units and exports at 2,47,496 units during this period.

Maruti reported net sales of ₹1,06,266.4 crore in 9MFY25 as against ₹98,240.3 crore in 9MFY24. It posted a net profit of ₹10,244.1 crore in 9MFY25 as against ₹9,331.6 crore in 9MFY24. At 2:20 pm, Maruti Suzuki shares were trading 0.93 per cent lower at ₹12,009.85.