Maruti Suzuki India rides high on reporting 42% rise in Q4 consolidated net profit
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Maruti Suzuki India is currently trading at Rs. 8525.00, up by 21.85 points or 0.26% from its previous closing of Rs. 8503.15 on the BSE.
The scrip opened at Rs. 8563.00 and has touched a high and low of Rs. 8600.00 and Rs. 8470.00 respectively. So far 6765 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9768.65 on 31-Oct-2022 and a 52 week low of Rs. 7062.65 on 13-May-2022.
Last one week high and low of the scrip stood at Rs. 8699.00 and Rs. 8421.75 respectively. The current market cap of the company is Rs. 256994.61 crore.
The promoters holding in the company stood at 56.48%, while Institutions and Non-Institutions held 39.73% and 3.78% respectively.
Maruti Suzuki India has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Maruti Suzuki India has reported 42.67% rise in its net profit at Rs 2623.60 crore for the quarter under review as compared to Rs 1838.90 crore for the same quarter in the previous year. Total income of the company increased by 20.49% at Rs 32790.80 crore for Q4FY23 as compared to Rs 27214.40 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported rise of 42.38% in its net profit at Rs 2670.80 crore for fourth quarter ended March 31, 2023 as compared to Rs 1875.80 crore for the same quarter in the previous year. Total income of the company increased by 20.63% at Rs 32802.50 crore for Q4FY23 as compared to Rs 27191.90 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported over 2-fold jump in its net profit at Rs 8049.20 crore as compared to Rs 3766.30 crore for the previous year. Total income of the company increased by 32.85% at Rs 119684.20 crore for year under review as compared to Rs 90089.10 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 8211.00 crore as compared to Rs 3879.50 crore for the previous year. Total income of the company increased by 32.90% at Rs 119712.00 crore for year under review as compared to Rs 90074.50 crore for year ended March 31, 2022.
