Maruti Suzuki India Limited announced an 8 percent increase in its consolidated net profit reaching Rs 3349 crore for the quarter ending September 30 The growth was mainly supported by a surge in export volumes compared to the same quarter last year when the automaker earned Rs 3102 crore in profit according to the company’s official filing.
The company’s total consolidated revenue from operations climbed to Rs 42344 crore compared to Rs 37449 crore recorded during the corresponding period of the previous year Expenses for the quarter also increased to Rs 39018 crore from Rs 33879 crore a year earlier.
Maruti Suzuki reported that its domestic wholesales dropped 51 percent year on year to 440387 units due to customers postponing purchases in anticipation of price reductions following GST changes announced in September However exports surged by 422 percent to 110487 units marking the company’s highest export figure ever recorded in a single quarter.
Overall sales volume grew by 17 percent to 550874 units during the quarter The company also registered its highest quarterly net sales of Rs 40135 crore compared to Rs 35589 crore in the same period last year.
During the first half of the fiscal year April to September Maruti Suzuki sold a total of 1078735 vehicles including 871276 units in the domestic market and a record 207459 units in exports The total volume for H1 FY2025 rose by 14 percent compared to the previous year driven largely by a 399 percent increase in export performance.
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