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
✓ Verified against BSE filing
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.
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