Maruti Suzuki India Ltd. reported a 4.3% drop in its standalone net profit for the fourth quarter of FY25, which fell to Rs 3,711 crore, missing analysts’ expectations. A survey by Moneycontrol had predicted the company’s profit would decline by just 1% to Rs 3,852 crore.
The company also declared a final dividend of Rs 135 per share for the fiscal year 2024-25.
Despite the profit drop, Maruti Suzuki saw a 6.4% increase in its revenue, reaching Rs 40,674 crore in the March quarter, compared to Rs 38,235 crore last year.
Read More: Why ICICI Bank Q4 Results Have Investors Asking: “Should We All Be Paying Attention?”
However, its operating performance showed some challenges. The company’s EBITDA (earnings before interest, taxes, depreciation, and amortization) dropped 9% to Rs 4,264 crore from Rs 4,685 crore a year ago. The EBITDA margin also shrank by 1.5 percentage points, from 12.3% in Q4 FY24 to 10.5% in Q4 FY25. This was expected due to higher spending on advertising and discounts.
On a positive note, Maruti Suzuki achieved its highest-ever annual sales and exports during the financial year. The company remained the top exporter of cars in India for the fourth consecutive year, contributing nearly 43% of the total passenger vehicle exports from the country. In the fourth quarter, the company sold 604,635 cars, which is its highest quarterly sales ever.
Also See:Â RBI Predicts 6.5% Growth for Indian Economy, Urges US Companies to Invest
The company’s domestic sales grew by 2.8%, while exports increased by 8.1%. Overall, the total sales grew by 3.5%. In FY25, Maruti Suzuki’s domestic sales showed modest growth of 2.7%, but a strong 17.5% growth in exports helped the company achieve an overall growth of 4.6%.
