Net sales through the fourth quarter rose to ₹32,060 crore in contrast to ₹26,749 crore within the year-ago interval, Maruti Suzuki India (MSI) mentioned in a regulatory submitting.
| Photo Credit: KAMAL NARANG
Maruti Suzuki India on Wednesday reported a 42% rise in consolidated net revenue to ₹2,671 crore for the fourth quarter ended March, pushed by higher sales, improved realisation and beneficial foreign exchange motion.
The nation’s largest carmaker logged a net revenue of ₹1,876 crore within the January-March of 2021-22.
Net sales through the fourth quarter rose to ₹32,060 crore in contrast to ₹26,749 crore within the year-ago interval, Maruti Suzuki India (MSI) mentioned in a regulatory submitting.
For your complete 2022-23, MSI posted a consolidated net revenue of ₹8,211 crore towards ₹3,879 crore in 2021-22.
Net sales final fiscal stood at ₹1,17,571 crore towards ₹88,330 crore in 2021-22.
The firm mentioned its board has authorised the creation of a further capability of up to 10 lakh automobiles per yr to cater to the estimated market demand, together with exports.
In the fourth quarter, the corporate mentioned, it bought a complete of 5,14,927 automobiles, higher by 5.3% year-on-year.
In the January-March interval, the sales within the home market stood at 4,50,208 items, up 7.1% towards Q4 FY22.
The sales within the export market stood at 64,719 items in contrast to 68,454 items within the March quarter of FY22, the auto main mentioned.
In 2022-23, the corporate mentioned, it bought a complete of 19,66,164 automobiles, regardless of lacking manufacturing of about 1,70,000 items due to a scarcity of digital parts.
This translated to a progress of 19% over FY2021-22 sales quantity of 1,652,653 automobiles, it added.
The sales quantity within the yr comprised 17,06,831 items within the home market and the highest-ever exports of two,59,333 items, MSI mentioned.
The firm’s board really helpful the highest-ever dividend of ₹90 per share in contrast to ₹60 per share in FY 2021-22.
