Maruti Suzuki Q4 Review - Bookings Trend Strong In Challenging Times: Prabhudas Lilladher
A customers tries out a Maruti Suzuki India Ltd. Wagon R at a showroom in New Delhi. (Photographer: Prashanth Vishwanathan/Bloomberg)

Maruti Suzuki Q4 Review - Bookings Trend Strong In Challenging Times: Prabhudas Lilladher

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Prabhudas Lilladher Report

For Q4 FY21, Maruti Suzuki India Ltd. reported lower than estimated Ebitda at Rs 19.9 billion (our estimate Rs 20.7 billion) while lower other income at Rs 0.9 billion (down 90% YoY, our estimate Rs 7.5 billion) dragged adjusted profit after tax by approximately 10% YoY at Rs 11.7 billion (our estimate Rs 15.5 billion).

Although raw material inflation and volume uncertainty to persists over Q1 FY22, passenger vehicle as a segment will likely emerge stronger with ease in standard operating procedures by state governments.

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Prabhudas Lilladher Maruti Suzuki Q4FY21 Result Review.pdf

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