Maruti Suzuki India Ltd.

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.