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Maruti Suzuki Q4 Evaluation – Margin Decrease To Proceed, Appraisals Stay Pricey: ICICI Direct


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Maruti Suzuki India Ltd. reported a soft Q4 FY21 efficiency.

Internet sales went to Rs 24,024 crore, up 32% year-on-year monitoring 27.8% YoY surge in quantities to 4.92 lakh devices and also 4% surge in typical market price to Rs 4.66 lakh/unit.

Quantities were flattish quarter-on-quarter.

Q4 FY21 margins slid 120 basis factors QoQ to 8.3% on 135 basis factors gross margin tightening.

Ensuing revenue after tax obligation for Q4 FY21 went to Rs 1,166 crore, down 9.7% YoY, influenced by dramatically reduced various other revenue because of mark to market loss on spent excess.

The firm stated a returns of Rs 45 per share for FY21

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ICICI Direct Maruti Suzuki Q4FY21 Outcome Review.pdf

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