Shares of Maruti Suzuki rise ahead of the Q1 report.

Maruti suzuki

On Monday, investors anticipated Maruti Suzuki India Ltd. (MSIL) to release its financial results for the April-June quarter, which were scheduled to be released later in the day. Analysts anticipate the auto industry giant to release a good set of quarterly results. On the BSE, Maruti Suzuki shares increased by about 2% to Rs 9,738 per share. On the NSE, Maruti Suzuki India shares ended the day up 1.48 percent at Rs 9,813 per. According to research, the car major is anticipated to report standalone revenue of Rs 31,650 crore, up 19.4% on a yearly basis. EBITDA, or profits before interest, taxes, depreciation, and amortisation, is estimated by analysts to be Rs 3,350 crore.The analysis estimates Maruti Suzuki’s quarterly net profit at Rs 2,520 crore.

By Nishtha Dhoundiyal


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