{"id":167179,"date":"2023-10-29T10:46:08","date_gmt":"2023-10-29T07:46:09","guid":{"rendered":"http:\/\/kupitiblog.store\/576r\/maruti-suzuki-india-posts-record-q3-profit-and-sales-figures\/"},"modified":"2023-10-29T10:46:08","modified_gmt":"2023-10-29T07:46:09","slug":"maruti-suzuki-india-posts-record-q3-profit-and-sales-figures","status":"publish","type":"post","link":"https:\/\/kupitiblog.store\/576r\/maruti-suzuki-india-posts-record-q3-profit-and-sales-figures\/","title":{"rendered":"Maruti Suzuki India posts record Q3 profit and sales figures"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/kupitiblog.store\/576r\/wp-content\/uploads\/2023\/10\/521372ddbfb53830995c1098a586298c.jpg\"  \/><br \/>\n<span class=\"text\"> <\/span><br \/>\n<i class=\"imgGrad\"><\/i><\/p>\n<p>&nbsp;<\/p>\n<p>Maruti Suzuki India reported a record-breaking third quarter for the July-September period, with an 80.3% surge in net profit to Rs 3,716.5 crore ($498 million). The significant increase is attributed to robust sales, easing commodity prices, successful cost-cutting measures, and a rise in non-operating income. This compares favorably to the second quarter of FY23 when the net profit was Rs 2,061.5 crore ($276 million).<\/p>\n<p>The company&#8217;s net sales also experienced a substantial rise, reaching Rs 35,535.1 crore ($4.76 billion), up from Rs 28,543.50 crore ($3.82 billion) in the same period last fiscal year. This quarter saw Maruti Suzuki sell a total of 552,055 vehicles, its highest-ever quarterly sale volume. Domestic sales accounted for 482,731 units while exports made up 69,324 cars.<\/p>\n<p>Following the announcement of these impressive Q3 results, Maruti Suzuki&#8217;s shares hit a new record peak of Rs 10,846.10 before trading at Rs 10,795.10 per share later in the day. Revenues for the quarter surged nearly 24% to Rs 37,062 crore ($4.96 billion) from Rs 29,930 crore ($4 billion) in the previous year.<\/p>\n<p>EBITDA experienced a substantial growth of 73%, reaching Rs 4,784 crore ($640 million), while margins increased by 360 basis points to hit 12.9%. The company&#8217;s market valuation stood at Rs 3,24,737.57 crore ($43.5 billion), reflecting its highest-ever quarterly figures in sales volume, net sales and net profit.<\/p>\n<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"http:\/\/www.investing.com\/news\/stock-market-news\/maruti-suzuki-india-posts-record-q3-profit-and-sales-figures-93CH-3212532\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Maruti Suzuki India reported a record-breaking third quarter for the July-September period, with an 80.3% surge in net profit to Rs 3,716.5 crore ($498 million). The significant increase is attributed to robust sales, easing commodity prices, successful cost-cutting measures, and a rise in non-operating income. This compares favorably to the second quarter of FY23 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":167181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3349],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maruti Suzuki India posts record Q3 profit and sales figures - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maruti Suzuki India posts record Q3 profit and sales figures - BiznesSMI - \u043a\u043e\u0442\u0438\u0440\u043e\u0432\u043a\u0438 \u0432\u0430\u043b\u044e\u0442, \u0430\u043a\u0446\u0438\u0438, \u0444\u043e\u0440\u0435\u043a\u0441, \u0438\u043d\u0434\u0435\u043a\u0441\u044b, \u0430 \u0442\u0430\u043a\u0436\u0435 \u0442\u0435\u0445\u043d\u0438\u0447\u0435\u0441\u043a\u0438\u0439 \u0430\u043d\u0430\u043b\u0438\u0437, \u0433\u0440\u0430\u0444\u0438\u043a\u0438, \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0438 \u0430\u043d\u0430\u043b\u0438\u0442\u0438\u043a\u0430.\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Maruti Suzuki India reported a record-breaking third quarter for the July-September period, with an 80.3% surge in net profit to Rs 3,716.5 crore ($498 million). The significant increase is attributed to robust sales, easing commodity prices, successful cost-cutting measures, and a rise in non-operating income. 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