Maruti Suzuki India Ltd reported a consolidated profit after tax (PAT) of ₹3,879 crore for the December quarter, up 4 per cent from ₹3,726 crore in the same period last year.
Total revenue from operations rose 29 per cent year-on-year to ₹49,904 crore in the December quarter, compared with ₹38,764 crore a year earlier.
Total expenses increased to ₹46,115 crore from ₹35,162 crore in the year-ago quarter, reflecting higher material costs, employee expenses and other expenditure.
Sales performance
Maruti Suzuki recorded total vehicle sales of 667,769 units during the December quarter, compared with 566,213 units in the same period last year. Domestic sales rose to 564,669 units from 466,993 units a year earlier, while exports increased to 103,100 units from 99,220 units.
The rise in domestic volumes was led by the small car segment in the 18 per cent GST bracket, which accounted for a large share of the year-on-year increase in sales.
For the nine months ended December, the company reported total sales of 1,746,504 units, up from 1,629,631 units in the corresponding period last year. Domestic sales during the period stood at 1,435,945 units, while exports totalled 310,559 units.>
