CSR India

Q2FY23: Maruti Suzuki India: Revenue seen at Rs 288,866 mn, PAT at Rs 21,285 mn

Maruti Suzuki India

Maruti Suzuki India Revenue, PAT

For the quarter ending in September 2022, Maruti Suzuki India (Maruti) is anticipated to report significant growth in both margin and Profit After Tax (PAT). Healthy volume growth both sequentially and compared to the same quarter last year may result in revenue growth of 40.6% on an annual basis.

Maruti Suzuki India

EBITDA is anticipated to increase significantly over the previous quarter as well as sequentially. The three main factors affecting EBITDA margin are the decline in commodity prices, JPY depreciation (8% sequentially in Q1 and 3% consecutively in Q2), and operating leverage. Price increases would also improve the company’s overall performance.

Maruti’s PAT is anticipated to increase 4.47 times compared to the same quarter last year by analysts at IIFL Securities.