New Delhi, January 29: India’s leading automobile manufacturer, Maruti Suzuki India (MSIL), has announced its financial results for the third quarter (October-December) of FY 2024-25, reporting a 16% year-on-year (YoY) increase in consolidated net profit to ₹3,727 crore. This is a significant jump from the ₹3,207 crore profit recorded in the same quarter of the previous fiscal year (FY 2023-24).
Strong Revenue Growth and Expansion Plans
Maruti Suzuki’s operating revenue surged to ₹38,764 crore in Q3 FY 2024-25, compared to ₹33,513 crore in the corresponding quarter last year. This robust revenue growth underscores the company’s strong market performance and increasing demand for its vehicles.
In a major strategic decision, Maruti Suzuki’s Board of Directors has approved the merger of Suzuki Motor Gujarat with MSIL, positioning it as a key player in the automotive sector’s future consolidation and growth strategy.
Leadership Continuity for Future Growth
Further strengthening its leadership, Maruti Suzuki’s Board has extended the tenure of Managing Director (MD) & Chief Executive Officer (CEO) Hisashi Takeuchi for an additional three-year term, effective April 1, 2025. This decision reflects the company’s confidence in his leadership and its commitment to sustained growth and market leadership.
With rising revenues, a strong financial performance, and strategic expansion moves, Maruti Suzuki India continues to cement its dominance in the Indian automobile industry while preparing for future opportunities in the evolving market.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
