Maruti Suzuki India Ltd. Q2 FY2024 results: revenue ₹37,073 crore, up 23.8% on the year

Maruti Suzuki India Ltd. (MARUTI) reported consolidated revenue from operations of ₹37,073 crore for Q2 FY2024, the quarter ended 30 September 2023, up 23.8% on the same quarter a year earlier. Profit after tax was ₹3,764 crore, up 78.2% on the year, and earnings per share ₹124.61. The figures are the company's own, from the unaudited results it filed with NSE on 28 October 2023.

Revenue from operations₹37,073 croreup 23.8%

Profit after tax₹3,764 croreup 78.2%

EPS₹124.61

QuarterQ2 FY2024ended 30 September 2023

The quarter, against the one before and a year earlier

Line	Q2 FY2024	Q1 FY2024	A year earlier	Change on the year
Revenue from operations	37,073	32,338	n/a	n/a
Other income	829	978	n/a	n/a
Total income	37,902	33,317	n/a	n/a
Cost of materials consumed	12,254	10,483	n/a	n/a
Purchases of stock-in-trade	14,729	13,150	n/a	n/a
Changes in inventories	-815	-99	n/a	n/a
Employee benefit expense	1,319	1,468	n/a	n/a
Finance costs	35	46	n/a	n/a
Depreciation, depletion and amortisation	794	748	n/a	n/a
Other expenses	4,796	4,351	n/a	n/a
Total expenses	33,112	30,148	n/a	n/a
Profit before exceptional items and tax	4,790	3,169	n/a	n/a
Exceptional items	0	0	n/a	n/a
Profit before tax	4,790	3,169	n/a	n/a
Current tax	1,016	643	n/a	n/a
Deferred tax	68	63	n/a	n/a
Total tax	1,084	706	n/a	n/a
Profit after tax	3,764	2,525	n/a	n/a
Attributable to owners of the parent	3,764	2,525	n/a	n/a
Other comprehensive income	352	79	n/a	n/a
Total comprehensive income	4,116	2,604	n/a	n/a
EPS, basic	₹124.61	₹83.59	n/a	n/a
EPS, diluted	₹124.61	₹83.59	n/a	n/a

₹ crore except per share.

Quarterly results, the last 12 quarters

	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026	Q1 FY2027
Sales	32,338	37,073	33,513	35,779	37,449	38,764	40,920	38,605	42,344	49,904	52,462	52,470
Expenses	30,148	33,112	30,410	32,062	33,879	35,163	37,586	35,585	39,018	46,127	48,125	50,000
Operating profit	2,985	4,790	4,440	5,107	4,999	5,077	4,844	4,623	5,086	5,573	6,158	4,313
OPM %	9%	13%	13%	14%	13%	13%	12%	12%	12%	11%	12%	8%
Other income	978	829	996	1,060	1,523	1,058	1,511	1,888	946	1,055	484	1,874
Interest	46	35	36	57	43	46	48	47	57	62	73	64
Depreciation	748	794	1,302	1,332	1,386	1,429	1,462	1,556	1,703	1,735	1,748	1,780
Exceptional items	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	3,169	4,790	4,099	4,778	5,093	4,659	4,846	4,908	4,272	4,832	4,821	4,344
Tax %	22%	23%	23%	23%	40%	21%	21%	23%	23%	21%	26%	23%
Net profit	2,525	3,764	3,207	3,760	3,102	3,727	3,911	3,792	3,349	3,879	3,659	3,447
EPS in ₹	₹83.59	₹124.61	₹102.00	₹119.58	₹98.68	₹118.54	₹124.40	₹120.62	₹106.52	₹123.38	₹116.38	₹109.63
Filing	NSE	NSE	NSE	NSE	NSE	NSE	Filing	Filing	Filing	Filing	Filing	Filing

₹ crore except per share, consolidated, as filed with the exchange. Operating profit is sales less the expenses other than interest and depreciation, OPM is that over sales, and tax % is tax over profit before tax: arithmetic on the filed lines; everything else is as filed. Quarters before December 2024 are from the exchange's earlier results feed, which carries the filed lines without the filing itself; the column links to the exchange's page for the company.

Source

Unaudited consolidated results for the quarter ended 30 September 2023, filed with NSE on 28 October 2023: the result statement. All of Maruti Suzuki India Ltd.'s results: NSE company page.

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install