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MARUTI Diversified 27 Oct 2023

Maruti Suzuki — Q2 FY24

Maruti Suzuki reported a strong Q2 FY24 with record quarterly sales volume of 552,055 units, net sales of INR 35,535 crore (up 24.5% YoY), and net profit of INR 3,716 crore (up...

bullish high
Compare with...
Revenue ₹37,339 Cr +24.5%
EBITDA
PAT ₹3,786 Cr +80.3%
EBITDA Margin 14%
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q1 FY24

Acquire SMG by March 2024

Board approved acquisition of Suzuki Motor Gujarat shares from SMC, to be completed within FY24 at net book value.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1