MARUTI SUZUKI INDIA LTD. has reported financial results for the period ended March 31, 2021.
Financial Results (Q4 FY20-21) - QoQ Comparison
The company has reported total income of Rs.24124.2 crores during the period ended March 31, 2021 as compared to Rs.24465.1 crores during the period ended December 31, 2020.
The company has posted net profit / (loss) of Rs.1241.1 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.1996.7 crores for the period ended December 31, 2020.
The company has reported EPS of Rs.41.09 for the period ended March 31, 2021 as compared to Rs.66.10 for the period ended December 31, 2020.
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Total Income | ₹ 24124.2 crs | ₹ 24465.1 crs | -1.39% |
Net Profit | ₹ 1241.1 crs | ₹ 1996.7 crs | -37.84% |
EPS | ₹ 41.09 | ₹ 66.10 | -37.84% |
Financial Results (Q4 FY20-21) - YoY ComparisonThe company has reported total income of Rs.24124.2 crores during the period ended March 31, 2021 as compared to Rs.19087.9 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.1241.1 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.1322.2 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.41.09 for the period ended March 31, 2021 as compared to Rs.43.77 for the period ended March 31, 2020.
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Total Income | ₹ 24124.2 crs | ₹ 19087.9 crs | 26.38% |
Net Profit | ₹ 1241.1 crs | ₹ 1322.2 crs | -6.13% |
EPS | ₹ 41.09 | ₹ 43.77 | -6.12% |
Financial Results (Year ended FY 20-21) - YoY ComparisonThe company has reported total income of Rs.73308.3 crores during the 12 months period ended March 31, 2021 as compared to Rs.78994.4 crores during the 12 months period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.4389.1 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.5676 crores for the 12 months period ended March 31, 2020.
The company has reported EPS of Rs.145.30 for the 12 months period ended March 31, 2021 as compared to Rs.187.95 for the 12 months period ended March 31, 2020.
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Total Income | ₹ 73308.3 crs | ₹ 78994.4 crs | -7.2% |
Net Profit | ₹ 4389.1 crs | ₹ 5676 crs | -22.67% |
EPS | ₹ 145.30 | ₹187.95 | -22.69% |
Highlights: Quarter 4 (January-March), FY 2020-21The Company sold a total of 492,235 vehicles during the Quarter, higher by 27.8% compared to the same period previous year. Sales in the domestic market stood at 456,707 units, growing by 26.7%. Exports were at 35,528 units, higher by 44.4%. It may be recalled that in Quarter 4 (FY 2019-20) of the previous year there was a significant decline in the sales volume largely owing to COVID-19 lockdown.
During the Quarter, the Company registered Net Sales of INR 229,586 million, an increase of 33.6% compared to the same period previous year.
The operating profit for the Quarter was at INR 12,501 million, a growth of 72.8% over the same period previous year on account of higher sales volume and cost reduction efforts despite steep commodity price increase.
Net profit for the Quarter stood at INR 11,661 million, lower by 9.7% compared to the same period last year owing to the above factors and lower non-operating income owing to mark-to-market loss on invested surplus.
Highlights: Full Year (April-March), FY 2020-21The Company's performance for the full year FY 2020-21 is to be seen in the context of COVID-19 related disruptions. The Company sold a total of 1,457,861 vehicles during the period, lower by 6.7% compared to the previous year and lower by 21.7% compared to FY 2018-19.
In FY 2020-21, the sales in the domestic market stood at 1,361,722 units, lower by 6.8% and exports were at 96,139 units, lower by 5.9% compared to the previous year.
During the period, the Company registered Net Sales of INR 665,621 million, lower by 7.2% compared to that in the previous year.
Net Profit for the period stood at INR 42,297 million, decreasing by 25.1% compared to that in the previous year on account of lower sales volume, increase in commodity prices, adverse foreign exchange movement, and lower non-operating income partially offset by lower operating expenses, and cost reduction efforts.
Shares of MARUTI SUZUKI INDIA LTD. was last trading in BSE at Rs.6640 as compared to the previous close of Rs. 6674.9. The total number of shares traded during the day was 49657 in over 6073 trades.
The stock hit an intraday high of Rs. 6788.75 and intraday low of 6600. The net turnover during the day was Rs. 331353746.
Source : Equity Bulls
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