Maruti Suzuki India Ltd.

Maruti Suzuki India has reported results for the fourth quarter and year ended March 31, 2020.

The Company has reported a fall of 28.06% in its net profit at Rs 1291.70 crore for the quarter under review as compared to Rs 1795.60 crore for the same quarter in the previous year. Total income of the company decreased by 14.55% at Rs 19079.10 crore for Q4FY20 as compared Rs 22327.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 27.76% in its net profit for the period attributable to owners of the company at Rs 1322.20 crore for the quarter under review as compared to Rs 1830.30 crore for the same quarter in the previous year. Total income of the company decreased by 14.56% at Rs 19087.90 crore for Q4FY20 as compared Rs 22340.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported a fall of 24.66% in its net profit at Rs 5650.60 crore as compared to Rs 7500.60 crore for the previous year. Total income of the company decreased by 10.78% at Rs 79031.40 crore for year under review as compared to Rs 88581.30 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported a fall of 25.80% in its net profit for the period attributable to owners of the company at Rs 5676.00 crore as compared to Rs 7649.10 crore for the previous year. Total income of the company decreased by 10.87% at Rs 78994.40 crore for year under review as compared to Rs 88630.10 crore for year ended March 31, 2019.