Maruti Suzuki Q4 PAT falls 1% YoY to Rs 3,911 cr, rev rises 6%

Maruti Suzuki India on Friday reported a 1% year-on-year (YoY) drop in its consolidated net profit for the March quarter at Rs 3,911 crore, compared to Rs 3,952 crore in the same period last year. The profit was higher than the Street estimate of Rs 3,801 crore.

The largest domestic passenger car maker reported Q4FY25 total revenue of Rs 40,920 crore, up 6.4% from Rs 38,471 crore in the corresponding quarter of the previous financial year. In this, the revenue from the sale of products stood at Rs 38,842 crore while the company earned Rs 2,078 crore as other operating revenues.

The earnings were announced during market hours and the the shares of Maruti Suzuki fell 2.3% to hit the day's lows of Rs 11,630 on the NSE.

Maruti's profit after tax (PAT) grew 4.9% sequentially to Rs 3,911 crore, compared to Rs 3,727 crore in Q3FY25 while its total revenue witnessed a 5.6% QoQ growth.

The fall in company's profitability is attributed to Maruti's new plant related expenses (Kharkhoda greenfield plant) along with higher sales promotion & advertisement expenses. The company also reported higher manufacturing overheads and administrative expenses.

The company announced a final dividend of Rs 135 per share, amounting to Rs 4,244.4 crore, according to a company filing.


Standalone stats
Maruti Suzuki's standalone net profit for the quarter under review stood at Rs 3,711 crore, compared to Rs 3,878 crore in Q4FY24, marking a 4.3% year-on-year decline.

The standalone topline saw a 6.4% YoY increase to Rs 40,674 crore, compared to Rs 38,235 crore in the same period last year.

During the quarter, the company sold a total of 604,635 units, the highest ever in any quarter. Domestic sales grew by 2.8%, while exports rose by 8.1%, resulting in an overall growth of 3.5%. Domestic sales stood at 519,546 units and exports at 85,089 units.

Op EBIT
Company's operating Earnings Before Interest, Taxes, Depreciation and Amortisation (EBIT) fell 14.2% to Rs 3,392 crore in the reported quarter versus Rs 3,956 crore in the year ago period. As a percentage of sales, it dropped by 210 bps YoY to 8.7%.

FY25 highlights

• For the full financial year, MSIL's PAT saw a 5.6% YoY growth at Rs 13,955 crore versus Rs 13,209 in FY24.
• Net sales grew 7.5% to Rs 1,45,115 crore versus Rs 1,34,938 crore in the year ago period.
• Sales volume picked up 4.6% to 2,234,266 units in FY25 versus 2,135,323 units in FY24.