Maruti Suzuki in green ahead of Q4 results; what to expect

Maruti is expected to report 41% YoY growth in its consolidated net profit number to Rs 1125 crores for the quarter ended March 31.

Maruti Suzuki in green ahead of Q4 results; what to expect
NEW DELHI: Maruti Suzuki India Ltd is scheduled to report its results for the quarter ended March 31 today.

India's largest automaker by revenue is expected to report 41 per cent YoY growth in its consolidated net profit number to Rs 1125 crores for the quarter ended March 31, as compared to Rs 800 crores reported in the corresponding quarter last year, according to an ET Now Poll.

Shares of Maruti Suzuki surged as much 1.47 per cent in intraday trade on Monday.

Revenues for the automaker are likely to grow by 12 per cent YoY to Rs 13,550 crores for the quarter ended March 2015, from Rs 12,101 crores reported in the year ago period, led by surge in volume growth, said the Poll.

According to estimates, the volume growth of 7 per cent YoY is likely to drive revenues, and Yen depreciation will lead to margin expansion.

EBITDA is seen at Rs 1,900 crore, or a 52.3 per cent rise in the fourth quarter of the financial year 2015, compared to Rs 1,247 crore reported in the year ago period. EBITDA margins are seen at 14 per cent as compared to 10.3 percent reported in the year ago period.
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