Maruti Suzuki - Q4 - Margins Miss Estimates Due to Oneoff Expenses.
The PV industry is anticipated to grow in the low single-digits YoY in FY25E (compared to 8.4% YoY growth in FY23), with management forecasting the...
207 Views
Maruti Suzuki - Stellar Performance
Maruti Suzuki's Q2FY24 PAT at INR 37.2bn came in ahead of our estimates of INR 30.3bn, led by better-than-expected margins.
266 Views
Maruti Suzuki - Q1FY24 Reports Mixed Results
Maruti reported a mixed set of numbers for Q1FY24. Revenue (slight beat) grew by 22% YoY led by higher sales volumes (up 6% YoY) and higher ASP (up...
169 Views
Autos (Q1FY25 Results Preview): 2W to Drive Growth While PVs Ride Pillion
We continue to like Maruti Suzuki, and M&M as we expect both of them to continue to outperform the UV segment, which would in turn help improve...
161 Views
Auto Monthly Volume - June 2024
The domestic PV sales (Exhibit-2) grew by 5% YoY (down 3% MoM), largely led by strong domestic SUV volumes across Original Equipment Manufacturers...
208 Views