Maruti Suzuki Q4 Consolidated Net Profit Dips 6% to Rs 1,241 Crore

New Delhi, Apr 27: The nation’s largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 6.14 per cent decline in consolidated internet revenue at Rs 1,241.1 crore for the fourth quarter ended March 31, 2021.

The auto main had posted a internet revenue of Rs 1,322.3 crore in January-March quarter of 2019-20, MSI mentioned in a regulatory submitting.

Nonetheless, income from sale of merchandise stood at Rs 22,959.8 crore as in contrast with Rs 17,187.3 crore earlier, up 33.58 per cent.

The corporate bought a complete of 4,92,235 autos in the course of the fourth quarter, increased by 27.8 per cent as in comparison with the identical interval earlier yr.

Gross sales within the home market stood at 4,56,707 models, up by 26.7 per cent. Exports have been at 35,528 models.

For the 2020-21 fiscal, the corporate reported a 22.69 per cent decline in its consolidated internet revenue at Rs 4,389.1 crore, as in contrast with Rs 5,677.6 crore in 2019-20.

Income from sale of merchandise declined to Rs 66,571.8 crore , as towards Rs 71,704.8 crore in FY20.

The corporate mentioned that according to the monetary efficiency of the yr and contemplating unsure enterprise surroundings, the corporate’s board beneficial a dividend of Rs 45 per share (face worth of Rs 5 per share) for FY 2020-21.

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