For the January-March quarter of the fiscal year 2022–23 (Q4FY23), Maruti Suzuki India, the largest car manufacturer in India, reported a consolidated net profit of Rs. 2,670.8 crores, up 42.4 percent year over year (YoY) from the profit of Rs. 1,875.8 crores in the comparable period of the previous fiscal year.
The total income from operations for the reviewed quarter was Rs. 32,059.6 crores, an increase of 19.85 percent year over year from Rs. 26,749.2 crores.
In comparison to the same quarter the previous year, the company's overall expenses for the quarter increased 18% to Rs. 29,546.9 crores.
The business reported that it sold 5,14,927 vehicles in total during the March quarter, up 5.3 percent from the same time last year. 4,50,208 units were sold in the domestic market in Q4 FY23, an increase of 7.1% YoY.
Standalone profit increased 42.7% YoY from ₹1,838.9 crore in the same period the previous year to ₹2,623.6 crore.
The company's board of directors proposed a final dividend for FY23 of 90 per share (nominal value: 5 per share).
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