Maruti Suzuki Q1 2024-25 Results: Net Profit Soars 47.85%, Revenue Increases by 9.97%
Maruti Suzuki Q1 2024-25 Results: Net Profit Soars 47.85%, Revenue Increases by 9.97% (Maruti Suzuki Q1 2024-25 Results: Net Profit Soars 47.85%, Revenue Increases by 9.97% : kkgola blog) Maruti Suzuki, India’s leading car manufacturer, has reported a substantial financial performance for the first quarter of the fiscal year 2024-25. The company has shown significant growth in both net profit and revenue, reflecting its strong market presence and effective business strategies. For the quarter ending June 30, 2024, Maruti Suzuki’s net profit surged by an impressive 47.85% to ₹3,273 crore compared to ₹2,214 crore in the corresponding quarter of the previous year. This remarkable growth in profit is attributed to various factors, including increased sales volumes, cost optimization efforts, and favourable market conditions. The company has managed to enhance its profitability despite challenges such as rising input costs and global supply chain disruptions. In terms of revenu...