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Maruti Suzuki Q3 earnings: Motilal Oswal is expecting profit figure at Rs 3,072 crore, up 30.7 per cent YoY. It sees sales climbing 15.2 per cent YoY to Rs 33,471 crore. It sees Ebitda margin at 12.2 per cent.
Maruti Suzuki is expected to report healthy third quarter earnings today with a 8% increase in total units sold, driven by higher SUV segment sales and exports. Analysts anticipate a 15-16% increase in total revenue due to higher unit sales and better product mix, offset by higher discounts. While revenues may decline 10% sequentially, EBITDA is expected to outpace the topline growth, supported by a richer product mix and price hikes. Investors will closely watch the commentary on demand outlook and margins. ....
Maruti Suzuki Q3 Results Preview: Operating revenue for the third quarter is expected to rise 15% year-on-year (YoY), according to an average estimate of four brokerages. Meanwhile, profit for the same period is seen rising up to 34% YoY. ....
Maruti Suzuki stock rose 1.53% intraday to Rs 10,241.15 against the previous close of Rs 10,086.45 on BSE. Market cap of Maruti Suzuki rose to Rs 3.20 lakh crore on BSE.