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Maruti Set for Soft FY25 Close

Mint Mumbai

|

April 25, 2025

A strong start to the fiscal year may give way to a slower Q4 as discounts and margin pressure weigh on earnings

- Ayaan Kartik

Maruti Set for Soft FY25 Close

After starting FY25 on a strong note, Maruti Suzuki India Ltd is expected to enter a slow lane with mid-single-digit revenue growth and a decline in profitability amid high discounts and weak sales growth, when it declares earnings for the January-March quarter on Friday.

According to the average estimates by four brokerages, revenue growth is expected to be around 7%, while net profit may fall by around 4%. Brokerages remain divided in their estimates for India's largest car seller's profitability. Motilal Oswal predicts a nearly 10% fall in earnings, while Axis Securities pegs the fall in net profit at 0.8%.

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