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Maruti Suzuki Q4 Results: Net profit falls 10% YoY, below estimates; sales surge


Maruti Suzuki Q4 Results: Net profit falls 10% YoY, below estimates; sales surge
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Last Updated: Apr 27, 2021, 03:25 PM IST
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Synopsis
Analysts had expected Maruti Suzuki India to report a 38 per cent year-on-year jump in net profit to Rs 1,785 crore for the quarter on revenues of Rs 23,704 crore.
ETAuto
Maruti Suzuki’s year-on-year performance on the topline has been aided by the low base of the year ago quarter which was hit by the national lockdown to stem the pandemic.
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MUMBAI: India s largest passenger carmaker
Maruti Suzuki India today reported a near 10 per cent year-on-year fall in net profit to Rs 1,166 crore for the quarter ended March. The company’s sales, however, soared 33.6 per cent on-year to Rs 22,958.6 crore. ....

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Maruti Suzuki Share Price: Buy Maruti Suzuki India, target price Rs 9000: Motilal Oswal


Motilal Oswal Financial Services has buy call on
Maruti Suzuki India Ltd. with a target price of Rs 9000. The current market price of Maruti Suzuki India Ltd. is Rs 6984.
Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 209815.75 Crore) operating in Auto sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 24465.10 Crore, up 26.45 % from last quarter Total Income of Rs 19347.90 Crore and up 13.76 % from last year same quarter Total Income of Rs 21505.90 Crore. Company reported net profit after tax of Rs 1937.00 Crore in latest quarter. ....

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Markets in a volatile session; Sensex near 50,800, Nifty 50 trades flat; Metal outperforms; ONGC, HDFC Bank leads


Markets in a volatile session; Sensex near 50,800, Nifty 50 trades flat; Metal outperforms; ONGC, HDFC Bank leads
Auto, FMCG, pharma, capital goods and consumer durables stocks emerge as top laggards for exchanges.
February 22, 2021 9:45 IST
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India Infoline News Service
Indian markets stood in a volatile session as Monday s trading session takes flight. Banking and metal stocks rally and thereby offset early losses of benchmarks Sensex and Nifty 50. Auto, FMCG, pharma, capital goods and consumer durables stocks emerge as top laggards for exchanges.
In the opening bell, Sensex opened higher at 50,910.51 and gained by at least 97 points to an intraday high of 50,986.03 in early exchange. However ....

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What Should Investors Do With Maruti Suzuki After Q3 Result: Buy, Sell Or Hold?


What should investors do with Maruti Suzuki after Q3 result: buy, sell or hold?
The company reported a 24.1 percent YoY rise in standalone net profit at Rs 1,941.4 crore and a 13.3 percent rise in standalone revenue at Rs 23,457.8 crore.
January 29, 2021 / 05:39 PM IST
Maruti Suzuki share price rose in the early trade on January 29, a day after the car-maker reported a 24.1 percent year-on-year (YoY) rise in Q3FY21 standalone net profit at Rs 1,941.4 crore. In the corresponding quarter of the previous financial year, profit numbers were Rs 1,564.8 crore.
The company reported a 13.3 percent YoY rise in Q3 standalone revenue at Rs 23,457.8 crore against Rs 20,706.8 crore in Q3FY20. ....

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