Maruti Suzuki Q3 Preview: Strong growth in revenue and PAT likely on volume bump and higher ASPs
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.
Here's what to expect from Maruti Suzuki Q3
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