Maruti Suzuki India Ltd reported a 6.45% decline in its consolidated net profit for the fourth quarter of fiscal year 2024-25, coming in at Rs 3,659 crore compared to Rs 3,911.5 crore in the same period last year. The country's largest carmaker attributed the drop to higher expenses and lower other income.
Revenue and Expenses
The company's revenue from operations rose 5.3% to Rs 38,352 crore, up from Rs 36,414 crore in the year-ago quarter. However, total expenses increased at a faster pace of 6.2% to Rs 35,798 crore, driven by higher raw material costs and selling expenses. Other income fell significantly to Rs 1,091 crore from Rs 1,586 crore, impacting the bottom line.
Operational Performance
On a standalone basis, net profit declined 5.8% to Rs 3,488 crore from Rs 3,702 crore. Earnings before interest, tax, depreciation, and amortization (EBITDA) margin stood at 11.5%, slightly lower than 11.8% in the corresponding quarter last year. The company sold a total of 5.81 lakh vehicles during the quarter, including exports, a growth of 5% year-on-year.
Full-Year Performance
For the full fiscal year 2024-25, Maruti Suzuki reported a consolidated net profit of Rs 13,521 crore, up 18.6% from Rs 11,402 crore in the previous year. Revenue from operations grew 17.5% to Rs 1.47 lakh crore. The board recommended a final dividend of Rs 50 per share, subject to shareholder approval.
Outlook
Looking ahead, the company expects the automotive industry to benefit from a normal monsoon and sustained economic growth. However, rising input costs and competitive pressures remain key challenges. Maruti Suzuki plans to expand its production capacity and launch new models to maintain its market leadership.
