Stock Report

Maruti Suzuki India Ltd Q1FY21 consolidated loss at Rs. 266.9 crore



Posted On : 2020-07-29 14:18:23( TIMEZONE : IST )

Maruti Suzuki India Ltd Q1FY21 consolidated loss at Rs. 266.9 crore

MARUTI SUZUKI INDIA LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.5429 crores during the period ended June 30, 2020 as compared to Rs.19087.9 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(266.9) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.1322.2 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(8.88) for the period ended June 30, 2020 as compared to Rs.43.77 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 5429 crs₹ 19087.9 crsDown Tick -71.56%
Net Profit₹ (266.9) crs₹ 1322.2 crsDown Tick -120.19%
EPS₹ (8.88)₹ 43.77Down Tick -120.29%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.5429 crores during the period ended June 30, 2020 as compared to Rs.20496.3 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.(266.9) crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.1376.3 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.(8.88) for the period ended June 30, 2020 as compared to Rs.45.58 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 5429 crs₹ 20496.3 crsDown Tick -73.51%
Net Profit₹ (266.9) crs₹ 1376.3 crsDown Tick -119.39%
EPS₹ (8.88)₹ 45.58Down Tick -119.48%

The Company sold a total of 76,599 vehicles during the Quarter. Sales in the domestic market stood at 67,027 units. Exports were at 9,572 units.

Owing to the global pandemic of COVID-19, it was an unprecedented quarter in the Company's history wherein a large part of the quarter had zero production and zero sales in compliance with a lockdown stipulated by the government. Production and sales started in a very small way in the month of May. The Company's first priority was the health, safety and wellbeing of all employees and associates across the value chain including its customers. Hence with carefully designed safety protocols, which went far beyond compliance levels, the production in the whole Quarter was equivalent to just about two weeks' of regular working. The results have to be viewed in this context.

Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6287.3 as compared to the previous close of Rs. 6041.8. The total number of shares traded during the day was 72969 in over 11996 trades.

The stock hit an intraday high of Rs. 6320 and intraday low of 6040. The net turnover during the day was Rs. 453482066.

Source : Equity Bulls

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