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Maruti Suzuki India (NSE:MARUTI) Third Quarter 2023 Results
Key Financial Results
- Revenue: ₹290.6b (up 25% from 3Q 2022).
- Net income: ₹23.9b (up 130% from 3Q 2022).
- Profit margin: 8.2% (up from 4.5% in 3Q 2022). The increase in margin was driven by higher revenue.
- EPS: ₹79.17 (up from ₹34.49 in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Maruti Suzuki India shares are up 3.4% from a week ago.
Risk Analysis
You still need to take note of risks, for example – Maruti Suzuki India has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about.
Valuation is complex, but we’re helping make it simple.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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