Tag: Maruti Suzuki India

Maruti Suzuki India to hike prices by up to Rs 32,500 across models from Feb 1, 2025
Automobile News, Business News, Feature

Maruti Suzuki India to hike prices by up to Rs 32,500 across models from Feb 1, 2025

New Delhi, January 24, 2025.Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to Rs 32,500 across various models from February 1 to partially offset the rise in input costs.Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing.“While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market,” it added.
Maruti net profit surges over 2-fold to Rs 2,525 cr in Q1 on robust sales, improved realisation
Automobile News, Business News

Maruti net profit surges over 2-fold to Rs 2,525 cr in Q1 on robust sales, improved realisation

Jaipur, July 31, 2023.Maruti Suzuki India (MSI) on Monday said its consolidated net profit surged over two-fold to Rs 2,525 crore for the first quarter ended on June 30, 2023, riding on the back of robust sales, improved realisation, cost reduction efforts and higher non-operating income.The country's largest carmaker reported a net profit of Rs 1,036 crore in the same period of 2022-23.Total revenue from operations increased to Rs 32,338 crore in the April-June quarter from Rs 26,512 crore in the year-ago period, according to an exchange filing by the company.
Verified by MonsterInsights