Challenging FY17: Rising commodity, forex slow down Maruti's Q4 profit
However, full-year net up 37%, at record Rs 7,337 cr; board recommends dividend of Rs 75 a share28-04-2017
28-04-2017
Maruti Suzuki's net profits zoom 15.8%, revenues up on premium sales
Maruti Suzuki today posted a 15.8% rise in its Q4 profits, to Rs. 1,709 crore. Growth, the company said, was driven by increases in sales of premium models such as the Brezza SUV. While the company posted strong numbers, profits were slightly below Thomson Reuters' analyst estimates, which had pegged expected net profits for the quarter above Rs. 1,750 crore. Maruti noted that strong sales growth and cost reductions were "partially offset by increase in commodity prices and adverse forex movement." The company sold 4.14 lakh units during the quarter, a growth of 15% over 3.6 lakh units sold in same quarter last fiscal. Export increased 17.6%, while domestic volumes grew by 15% YoY. Total income from operations rose 20.4% to Rs. 20,751 crore.27-04-2017
Outcome of Board Meeting
1.Audited financial results as approved by the board of directors in the board meeting held today for the year ended on 31st March 2017 (Annexure-'A'). 2.Auditors'Report for audited financial results for the year ended 31st March 2017(Annexure-'B'). 3.A copy of press release being issued in respect of aforesaid financial results (Annexure-'C'). 4.The board of directors has recommended dividend as mentioned in the notes to the results enclosed...27-04-2017
Avoid bull mkt party in real estate stocks: Motilal Oswal
From a growth perspective, Maruti could be a much better bet than M&M, says Mehta.25-04-2017
Schedule Of Conference Call
We wish to inform you that a conference call for the analysts and investors is scheduled to be held on Thursday,27th April 2017 at 4:00 p.m. Kindly, take the same on record.22-04-2017
Maruti Suzuki to launch all new Dzire next month
Maruti Suzuki unveils a sketch of its best selling compact sedan Dzire, plans to launch next month22-04-2017
Press Release
Please find enclosed herewith as Annexure-"A", a copy of press release being issued today. Kindly, take the same on record.21-04-2017
Shareholding for the Period Ended March 31, 2017
Maruti Suzuki India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2017. For more details, kindly Click here21-04-2017
Jay Bharat Maruti zooms 20% on strong Q4 results
The company reported 72% YoY jump in net profit at Rs 20.75 crore in Q4FY17.20-04-2017