Maruti Suzuki Explains Why Its Consolidated Net Profit Declined By 1 % Year-on-Year To Rs 3,911 Crore

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Auto major Maruti Suzuki India has said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses.

The country’s largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.

Total revenue increased to Rs 40,920 crore in the March quarter last fiscal as compared with Rs 38,471 crore in the year-ago period, Maruti Suzuki India (MSI) said in a regulatory filing.

As reported by PTI, The company said its total expenses during the fourth quarter rose to Rs 37,585 crore against Rs 34,624 crore in Q4 FY24, an increase of 8.5 per cent.

On a standalone basis, the company said its net profit declined to Rs 3,711 crore as compared with Rs 3,878 crore in the same quarter a year ago.

Net sales rose to Rs 38,849 crore against Rs 36,697 crore in the corresponding period of the previous year.

The company said its sales stood at 6,04,635 units in the January-March period, the highest ever in any quarter.

The domestic sales grew by 3 per cent while exports grew by 8 per cent, resulting in an overall growth of 3.5 per cent, it added.

Domestic sales stood at 5,19,546 units and exports at 85,089 units in the fourth quarter, the auto major stated.

For the full year ended March 31, 2025, the maker of models like Swift and Grand Vitara reported a consolidated net profit of Rs 14,500 crore, up 7.5 per cent, as compared with Rs 13,488 crore in 2023-24 fiscal.

Revenue rose to Rs 1,52,913 crore in FY25 on a consolidated basis against Rs 1,41,858 crore in FY24.