Maruti Suzuki Q3 net profit rises 12.6% to ₹3,525 crore, revenue up 15.5%

Revenue from operations advanced 15.5% to ₹38,492.1 crore in the quarter ended December 2024, compared to ₹33,308.7 crore in the corresponding period last fiscal.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 14.4% to ₹4,470.3 crore in Q3 FY25, compared to ₹3,907.9 crore a year back. The EBITDA Margin was at 11.6% vs 11.7% a year back.

Maruti Suzuki share price

Following the earnings announcement, shares of Maruti Suzuki India were trading at ₹12,012.10 apiece on the NSE, down 0.92%.

The Board also granted its in-principle nod for amalgamating Suzuki Motor Gujarat Pvt Ltd, a wholly owned subsidiary, into the Company.

"The amalgamation will consolidate the business of both the companies which will result in focused growth, operational efficiencies, and enhance business synergies. It will also lead to simplification of group structure by eliminating multiple companies in same business," the company said.

During the quarter, the company sold a total of 566,213 vehicles. It sold 466,993 units in the domestic market and exported 99,220 units, its highest ever in any quarter.

The automobile company, in Q3 FY24, saw a total sales of 501,207 units, comprising 429,422 units in domestic and 71,785 units in export markets.

In the nine-month period of FY25, the company, as per an exchange filing, "sold a total of 1,629,631 units during the period, a growth of 5% over 9MFY2023-24. Sales in the domestic market stood at 1,382,135 units and exports at 247,496 units."