Maruti Suzuki India rides high on reporting 33% rise in Q3 consolidated net profit
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Maruti Suzuki India is currently trading at Rs. 10660.95, up by 477.65 points or 4.69% from its previous closing of Rs. 10183.30 on the BSE.
The scrip opened at Rs. 10224.85 and has touched a high and low of Rs. 10694.95 and Rs. 10216.90 respectively. So far 34414 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 10930.00 on 07-Dec-2023 and a 52 week low of Rs. 8127.05 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 10694.95 and Rs. 9880.00 respectively. The current market cap of the company is Rs. 335310.35 crore.
The promoters holding in the company stood at 58.19%, while Institutions and Non-Institutions held 38.30% and 3.49% respectively.
Maruti Suzuki India has reported 33.12% rise in net profit at Rs 3,130.00 crore for the third quarter ended December 31, 2023 (Q3FY24) as compared to Rs 2,351.30 crore for the same quarter in the previous year. Total income of the company increased by 14.50% at Rs 34,241.70 crore for Q3FY24 as compared Rs 29,905.10 crore for corresponding quarter of the previous year.
On consolidated basis, the company reported 33.28% rise in its net profit at Rs 3,206.80 crore for Q3FY24 as compared to Rs 2,406.10 crore for the same quarter in the previous year. Total income of the company increased by 14.62% at Rs 34,509.20 crore for Q3FY24 as compared Rs 30,108.00 crore for corresponding quarter of the previous year.
