Maruti Suzuki standalone net profit slips 4.2% as inputs get costlier in Q1FY25
The Hindu
Maruti Suzuki's Q4 net profit drops 4.2% to ₹3,711.1 crore due to rising input costs, surprising analysts.
India’s largest car maker Maruti Suzuki’s (MSIL) standalone net profit slipped 4.2% to ₹3,711.1 crore as input costs rose in the last quarter of fiscal 2025. This number was ₹3,877.8 crore in corresponding period of the previous fiscal.
The company’s net sales grew 5.8% to ₹38,849 crore in the reporting quarter as against ₹36,697.5 crore in Q4FY24. Expenses increased at a quicker pace of 8.6%, coming in at ₹37,328.7 crore in the quarter ended March 31, 2025. Share of material costs in total expenses grew 40 basis points to 74.7% in the reporting quarter, according to the investor presentation of the company. The company cited new plant expenses, higher manufacturing overheads, adverse commodity prices and costlier advertisement as the factors that pulled the margins.
For fiscal 2025, MSIL posted a net profit of ₹13,955 crore up 5.6% on higher sales from products. The company sold cars worth ₹1,45,115.2 crore in the fiscal 2025, up 7.5% more than 2023-24. Expenses too increased at the same pace of 7.6% , coming at ₹1,37,467 crore for FY25.
The company’s board decided to give a dividend of ₹135 per share in 2024-2025 as against ₹125 a piece in the previous fiscal.
The company’s shares dipped 1.81% , closing at ₹11,685.90 a share on the BSE.