Motilal Oswal: Maruti Suzuki Q2 Review -  Higher Cost Dilutes Gains On Lower Discount, Operating Leverage
Maruti Suzuki’s Nexa Showroom in Lower Parel, Mumbai. (Source: BloombergQuint)

Motilal Oswal: Maruti Suzuki Q2 Review - Higher Cost Dilutes Gains On Lower Discount, Operating Leverage

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Maruti Suzuki India Ltd.’s Q2 FY21 operating performance was impacted by higher non-raw material cost, which diluted the benefits of lower discounts and operating leverage.

Deferred demand seems to be the main demand driver and hence demand evolution is a key monitorable.

Based on good Navratas and Dussehra demand, Diwali and November-December 2020 period are expected to be good.

Click on the attachment to read the full report:

Motilal Oswal Maruti Suzuki Q2FY21 Result Update.pdf

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