Maruti Suzuki India Limited , one of India's leading automobile manufacturers, has announced the date for its second quarter (Q2) results review. The company has scheduled the review for October 31, signaling an important event for investors and market analysts alike.

Key Details

This announcement is significant as it provides a specific timeline for when stakeholders can expect to gain insights into the company's financial performance for the quarter. Quarterly results are crucial indicators of a company's financial health and operational efficiency, often influencing investor sentiment and stock market reactions.

Importance of Quarterly Reviews

Quarterly financial reviews serve several important purposes:

1. Performance Assessment: They offer a snapshot of the company's recent financial performance.
2. Trend Analysis: Analysts can compare results with previous quarters to identify trends.
3. Guidance: Companies often provide future outlook during these reviews.
4. Transparency: Regular reporting maintains transparency with shareholders and the market.

Investors and analysts will be keenly watching Maruti Suzuki's Q2 results, as they may provide insights into:

• The company's sales performance in the competitive Indian automotive market
• Impact of any recent economic factors on the auto sector
• The company's financial stability and growth trajectory

As the date approaches, market participants are likely to closely monitor any additional announcements or indications from Maruti Suzuki regarding their Q2 performance.

Note: This article is based on the announcement of the results review date. For actual financial figures and detailed analysis, readers are advised to refer to the official Q2 results once they are released by Maruti Suzuki on October 31.

Maruti Suzuki India Limited , the country's leading passenger vehicle manufacturer, has reported robust sales figures and expanded its delivery methods, showcasing strong performance in the automotive sector.

Railway Deliveries to Kashmir

Maruti Suzuki has made history by becoming the first automobile manufacturer to use Indian Railways for deliveries to the Kashmir region. The company dispatched over 100 vehicles, including popular models such as Brezza, Dzire, WagonR, and S-Presso, from its Manesar facility to Anantnag railway terminal in Jammu & Kashmir. The train journey covered more than 850 kilometers and crossed the world's highest railway arch bridge over the Chenab river.

Sales Performance

Maruti Suzuki announced total sales of 189,665 units, marking a 2.70% increase from the previous year. However, domestic sales saw a decline of 8.30% to 135,711 units.

Export Performance

The company's exports reached a record 42,204 units, showing a significant growth of 52.20%. This impressive export performance has contributed to the overall increase in total sales.

Festive Season Performance

During the first eight days of Navratri, Maruti Suzuki delivered 165,000 vehicles and received 350,000 bookings. The company currently has 250,000 pending bookings, indicating strong demand for its vehicles.

Segment-wise Performance

Compact cars showed growth, reaching 66,882 units. However, utility vehicles experienced a decline, with sales of 48,695 units, despite demand for multiple models in this segment.

Infrastructure Utilization

Maruti Suzuki is leveraging the PM GatiShakti National Master Plan by operating in-plant railway sidings at its Manesar and Gujarat facilities. This initiative aims to improve logistics efficiency and reduce transportation costs.

Conclusion

Maruti Suzuki's expansion into new delivery methods, coupled with strong sales figures and export growth, demonstrates the company's adaptability and market strength. Despite some challenges in domestic sales and specific segments, the overall performance and innovative approaches to logistics suggest a positive outlook for the automaker.