Maruti Suzuki in the third quarter.
Revenue from operations in the reporting period is likely to jump 17% year-on-year (YoY), according to an average estimate of six brokerages. Meanwhile, profit after tax (PAT) during the quarter is seen rising 13% YoY.
Maruti has been able to buck the weak demand trend in passenger vehicles in the third quarter with 13% YoY growth in volumes. While domestic sales rose 6% YoY, exports grew 38% YoY. In fact, MSIL was able to clock a record 250,000 unit sales in December 2024, up 8% YoY.
However, higher discounts and advertising spending will lead to a drop in EBITDA margins for the company, offset partially by operating leverage benefits.
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