Maruti Suzuki India, the country’s largest automaker, announced its financial performance for the March-ended quarter and financial year ended March 31 today during market hours, reporting an in-line operational performance as strong revenue growth was offset by pressure on profitability from higher input costs.
The domestic passenger vehicle maker reported a 28.2% jump in revenue from operations to ₹52,449 crore in Q4, compared with ₹40,909 crore in the same period last year.
Despite the healthy rise in top line, the company posted a 7% year-on-year decline in net profit to ₹3,591 crore, impacted by elevated raw material and operating costs.
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