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New Delhi: Maruti Suzuki India on Wednesday reported a 3.7% rise in net profit for the third quarter, supported by a rebound in domestic sales after GST reforms, though earnings were hit by a one-time provision linked to new labour laws and higher commodity costs. The country’s largest carmaker posted a net profit of Rs…
AHMEDABAD: Maruti Suzuki India will invest Rs 4,960 crore to set up its second passenger vehicle manufacturing plant in Gujarat, with the board approving land acquisition at Khoraj Industrial Estate near Ahmedabad. The new factory will add 10 lakh vehicles a year to the company’s capacity in the state. Maruti operates a plant at Hansalpur…
Citigroup maintained its buy rating on Maruti Suzuki with the target price hiked to Rs 19,000 from Rs 18,900 earlier. Analysts said they were making minor changes to their estimates for the company’s numbers to account for the recent strength in volume growth. They increased the volume growth for Maruti for FY26 to FY28 by…
Goldman Sachs has a buy on Maruti Suzuki with the target price at Rs 19,000. Analysts said that for the auto major small car elasticity, Product cycle inflection and addition to the global financial services major’s APAC conviction list are some of the strong positives. They believe post GST-cuts, elasticity for small cars is favourable…
Indian automobile industry showed robust growth in November 2025 as major automakers reported strong sales, driven by steady domestic demand, rising exports, and growing electric vehicle adoption. As the calendar year neared its end, these figures indicated an industry regaining momentum amid improved supply conditions and government-friendly policies, including GST reforms that positively impacted sales.Maruti…
FARIDABAD: As the investigation into the Delhi blast deepens, officials seized Maruti Suzuki Brezza from Al Falah University campus in Faridabad on Thursday.The car was registered under the name of Dr Shaheen Shahid, another accused and a faculty in the university. DNA Confirms Red Fort Bomber Was J&K Doctor; Turkey Handler ‘Ukasa’ Orchestrated Plot Umar…
The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme of…
NEW DELHI: Maruti Suzuki India on Friday reported an 8% rise in consolidated net profit to Rs 3,349 crore for the second quarter ended Sept 30, driven by robust exports growth.The company had posted a consolidated net profit of Rs 3,102 crore in the same period of the last fiscal, Maruti Suzuki India said in…
Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from…
Suzuki Motor Corporation, for which India remains one of the most important and largest markets globally, is showcasing its latest products and technologies at the ongoing Japan Mobility Show 2025. On the sidelines of the event, Toshihiro Suzuki, Representative Director and President of Suzuki Motor Corporation, reaffirmed the company’s long-term commitment to India and its…
