The largest automobile manufacturer in India, Maruti Suzuki India Ltd (MSIL), declared a standalone net profit of Rs 3,878 crore for the fiscal fourth quarter. This figure represents a 48 percent increase over the same time in the previous fiscal year.
Within the three months that concluded on March 31, the automobile manufacturer generated a revenue of Rs 38,235 crore. In addition, the firm announced that it will be paying a dividend of Rs 125 per share, which is the highest dividend it has ever paid.
Press on Maruti Suzuki Stocks
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According to the press statement, the company achieved its highest-ever annual sales volume, highest-ever exports, highest-ever net revenues, and highest-ever net profit. As a result of Maruti Suzuki’s yearly sales volume surpassing 2 million units, the company has maintained its position as the leading exporter of photovoltaics for the third year in a row. Maruti Suzuki is optimistic that it will be able to fulfill its export target of up to 8 lakh units by the year 2030, and it is certain that its overseas shipments will surpass 3 lakh units in the fiscal year 25.
The chairman of the company, RC Bhargava, expressed optimism over the business climate in the country and stated, “I have a firm belief that the new government that will take office in a little over two months will propel the economy to phenomenal levels.”
Maruti Suzuki has recently announced that it has increased the manufacturing capacity of its Manesar facility in Haryana by one lakh units per year. This brings the total capacity of the unit to nine lakh vehicles per year.
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