Maruti Suzuki India surges despite reporting 6% fall in Q4 consolidated net profit
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Maruti Suzuki India is currently trading at Rs. 6630.75, up by 72.55 points or 1.11% from its previous closing of Rs. 6558.20 on the BSE.
The scrip opened at Rs. 6561.00 and has touched a high and low of Rs. 6648.00 and Rs. 6545.05 respectively. So far 31149 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 8400.00 on 13-Jan-2021 and a 52 week low of Rs. 4639.75 on 08-May-2020.
Last one week high and low of the scrip stood at Rs. 6788.75 and Rs. 6540.00 respectively. The current market cap of the company is Rs. 199878.82 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.19% and 5.44% respectively.
Maruti Suzuki has reported a fall of 9.72% in its net profit at Rs 1166.10 crore for the quarter ended March 31, 2021 as compared to Rs 1291.70 crore for the same quarter in the previous year. However, total income of the company increased by 26.39% at Rs 24113.50 crore for Q4FY21 as compared Rs 19079.10 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 6.13% in its net profit attributed to the owners at Rs 1241.10 crore for the quarter ended March 31, 2021 as compared to Rs 1322.20 crore for the same quarter in the previous year. However, total income of the company increased by 26.38% at Rs 24124.20 crore for Q4FY21 as compared Rs 19087.90 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 25.15% in its net profit at Rs 4229.70 crore as compared to Rs 5650.60 crore for the previous year. Total income of the company decreased by 7.28% at Rs 73278.90 crore for year under review as compared to Rs 79031.40 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 22.67% in its net profit attributed to the owners at Rs 4389.10 crore as compared to Rs 5676.00 crore for the previous year. Total income of the company decreased by 7.20% at Rs 73308.30 crore for year under review as compared to Rs 78994.40 crore for year ended March 31, 2020.
