Maruti Suzuki Expands Solar Capacity, Aims for 319MWP by 2030-31
Maruti Suzuki aims to increase its solar capacity to 319 MWp by FY 2030-31. The company has already added 30 MWp with new projects in Kharkhoda and Manesar. It plans to invest over ₹925 crore in solar power projects, demonstrating its commitment to sustainability and reducing its carbon footprint.
02Jun 25
Maruti Suzuki Reassures: Rare Earth Curbs Won't Affect Production
Maruti Suzuki, India's leading automobile manufacturer, has stated that it does not anticipate any immediate impact on its production due to restrictions on rare earth materials. The company's announcement suggests robust planning and resource management, potentially including secured inventory, diversified supply sources, or alternative technologies. This development has implications for market stability and consumer confidence in the Indian automotive sector.
Maruti Suzuki India Partners with JETRO to Foster India-Japan Startup Collaboration
Maruti Suzuki India has signed an MoU with the Japan External Trade Organisation (JETRO) to facilitate business opportunities and innovation exchange between Indian and Japanese startups. This partnership aims to provide startups from both countries access to each other's ecosystems, promote networking among startups, investors, and industry experts, and enable connections with relevant partners. The collaboration is expected to accelerate technological advancements, encourage cross-cultural exchange of ideas, and stimulate economic growth by supporting emerging businesses in both nations.
21May 25
Maruti Suzuki Supplier Expands with New Gujarat Plant, Eyes Industry Evolution
A key auto ancillary supplier to Maruti Suzuki is setting up a new manufacturing plant in Gujarat. This strategic expansion is seen as a response to the evolving automotive industry, particularly the shift towards electric vehicles. The move could streamline logistics with Maruti Suzuki's existing facility in the state, increase production capacity, and prepare for potential EV component manufacturing. This development aligns with the broader industry transition and Maruti Suzuki's gradual approach to electrification.
20May 25
Maruti Suzuki Inks Deal with Standard Chartered Bank for Dealer Financing
Maruti Suzuki India Limited has formed a strategic partnership with Standard Chartered Bank to provide dealer financing solutions. This collaboration aims to offer tailored financial support to Maruti Suzuki's extensive dealership network across India, including working capital loans, inventory financing, and infrastructure development funds. The partnership is expected to strengthen the financial backbone of Maruti Suzuki's retail operations, potentially improving business efficiency and growth opportunities for its dealers.
02May 25
Maruti Suzuki Surpasses Expectations with 7% Sales Growth in April 2025
Maruti Suzuki India Limited achieved total sales of 179,791 units in April 2025, a 7% increase from the previous year. Domestic sales grew by 1.14%, while exports surged by 25.95%. The utility vehicle segment saw substantial growth, and sales to other OEMs increased by 79.29%. The compact segment also showed improvement, but the mini segment experienced a decline. Production volume increased to 179,956 units, aligning with the company's sales growth.
01May 25
Maruti Suzuki Surpasses Expectations with 7% Sales Growth in April 2025
Maruti Suzuki India Limited reported total sales of 179,791 units in April 2025, a 7.00% year-on-year increase. Domestic passenger vehicle sales grew slightly by 0.50%, while light commercial vehicles saw a 34.20% increase. Export sales surged by 25.90%, and sales to other OEMs jumped by 79.30%. The utility vehicle segment showed strong growth, while the mini and compact segment experienced a slight decline. The company's performance exceeded market expectations, demonstrating resilience in the face of global supply chain challenges.
Maruti Suzuki Sets Ambitious EV Production Target, Emphasizes Safety Across Models
Maruti Suzuki aims to produce 70,000 EVs this fiscal year, primarily for export. The company plans to equip all cars with six airbags within the year. They don't expect U.S. tariffs to impact exports. Market share outlook remains stable, with plans to launch a new SUV model later this year.
26Apr 25
Maruti Suzuki Reports Record Annual Sales and Profits in FY2025, Driven by Strong Export Growth
Maruti Suzuki India Limited announced strong financial results for FY2025, with total sales volume reaching 2,234,266 units, up 4.60% year-over-year. Net sales increased by 7.50% to INR 1,451,152.00 million, while net profit rose by 5.60% to INR 139,552.00 million. Exports grew by 17.50%, contributing significantly to the company's performance. Despite a muted domestic market, Maruti Suzuki achieved a 2.70% growth in domestic sales. The company maintained its position as India's top exporter of passenger vehicles for the fourth consecutive year. For Q4 FY2025, the company reported its highest-ever quarterly sales of 604,635 units. The Board of Directors recommended a final dividend of INR 135.00 per share for FY2025.
25Apr 25
Maruti Suzuki Reports Record Sales and Profits for FY 2024-25, Announces Board Changes
Maruti Suzuki India Limited achieved record-breaking sales and profits for FY 2024-25. Net sales increased by 7.5% to INR 1,451,152.00 million, while net profit rose 5.6% to INR 139,552.00 million. Total vehicle sales reached 2,234,266 units, with exports growing 17.5%. The company maintained its position as India's top vehicle exporter. A dividend of INR 135.00 per share was recommended. Board changes include Mr. Kinji Saito's resignation and Mr. Koichi Suzuki's appointment as Non-executive Director.
25Apr 25
Maruti Suzuki Reports Record Sales and Profits in FY2024-25, Announces Board Changes
Maruti Suzuki India Limited achieved record-breaking financial results for FY2024-25. Net sales increased by 7.5% to INR 1,451,152.00 million, while net profit rose 5.6% to INR 139,552.00 million. Total vehicle sales reached 2,234,266 units, with domestic sales growing 2.7% and exports surging 17.5%. The company maintained its position as India's top passenger vehicle exporter. A final dividend of INR 135.00 per share was recommended. Board changes include Mr. Kinji Saito's resignation and Mr. Koichi Suzuki's appointment as Non-executive Director.
25Apr 25
Maruti Suzuki Reports Mixed Financial Results and Announces Board Changes
Maruti Suzuki India Limited announced its FY2024-25 results, showing record total sales and exports. Net sales increased by 7.5% to INR 145,115.20 million, with net profit rising 5.6% to INR 13,955.20 million. However, domestic market growth was muted at 2.7%. Total vehicle sales reached 2,234,266 units, with exports growing 17.5%. The company declared a final dividend of INR 135 per share. Board changes include Mr. Kinji Saito's resignation and Mr. Koichi Suzuki's appointment as Non-executive Director.
25Apr 25
Maruti Suzuki Declares Record-High Dividend of ₹135 Per Share, Q4 Profit Below Expectations
Maruti Suzuki India Limited has declared a final dividend of ₹135.00 per share for FY 2024-2025, the highest in its history. The record date is set for August 1, 2025, with payment on September 3, 2025. Q4 results show a 6% YoY revenue increase to ₹40,674.00 crore, but net profit at ₹3,711.00 crore fell below expectations. EBITDA decreased by 9% YoY to ₹4,264.50 crore, with a margin of 10.50%.
25Apr 25
Maruti Suzuki: Slow Growth in Small Cars Amid Mixed Financial Performance
Maruti Suzuki India Limited reported a 3% growth in domestic sales and a 7.5% increase in net profit for FY 2024-25. However, the company expressed concerns over declining small car sales due to affordability issues. Export growth was strong at 17.4%, and the company plans to launch electric vehicles by September 2025. Q4 FY23 results showed revenue growth but faced profitability challenges with decreased EBITDA and net profit compared to the previous year.
24Apr 25
Maruti Suzuki India: Q4FY25 Revenue Growth Expected, Profit Outlook Mixed
Maruti Suzuki India is set to announce Q4FY25 earnings on April 25, 2025. Analysts project revenue growth of 4-10% year-over-year, driven by increased vehicle sales and price hikes. Profit forecasts are mixed, with some expecting growth while others anticipate a decline due to cost pressures. EBITDA margins are estimated between 11.60% and 12.40%. Key factors influencing performance include market demand, pricing strategy, cost management, and competition in the automotive sector.
24Apr 25
Maruti Suzuki Poised to Benefit from Delhi's Proposed Hybrid Vehicle Incentives
The Delhi government has proposed a new policy to promote hybrid vehicles, including road tax waivers and registration fee exemptions. This initiative, aimed at promoting cleaner transportation, could potentially increase demand for Maruti Suzuki's hybrid models. As India's largest carmaker with an existing hybrid lineup, Maruti Suzuki may gain a competitive advantage if the policy is implemented, aligning with the company's green initiatives.
23Apr 25
Maruti Suzuki India Sets Date for Q4 and FY 2024-25 Results Announcement
Maruti Suzuki India has scheduled its board meeting for April 25, 2025, to review and approve Q4 and full-year financial results for FY 2024-25. The board will also consider dividend recommendations. An earnings call with investors and analysts is set for 6:00 PM on the same day. This event is crucial for providing insights into the company's performance, industry trends, and future outlook.
03Apr 25
Maruti Suzuki Announces Price Hike Across 7 Models from April 8, 2025
Maruti Suzuki India Limited plans to increase prices on seven car models starting April 8, 2025, citing rising input costs, operational expenses, regulatory changes, and feature additions. The price hike ranges from ₹2,500 for the Fronx to ₹62,000 for the Grand Vitara. Other affected models include Eeco, Wagon-R, Ertiga, XL6, and Dzire Tour S. The company states it's constrained to pass on some increased expenses to the market despite efforts to optimize costs.