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Maruti Suzuki Q1 result is scheduled to be released today, on July 31. Besides keeping an eye on Maruti Suzuki’s share price, investors will also be watching the Q1 results of other companies such as BHEL, Adani Power, Tata Steel, Ambuja Cements, Godrej Properties, and more.
Investors will be closely monitoring the Maruti Suzuki share price today as the company unveils its Q1 results. Likewise, market watchers will be focused on BHEL, Adani Power, Ambuja Cements, Godrej Properties, and Tata Steel share prices as they also release their Q1 earnings today.
Maruti Suzuki is expected to see stable revenue growth and strong profitability in Q1 FY2024. Revenue from operations is likely to grow by 7% year-on-year, driven by higher volumes despite flat average selling prices. Volume growth was 5%, led by utility vehicles, though entry-level models saw a decline. Maruti Suzuki’s Q1 net profit is projected to increase by 30% year-on-year.
In the previous March quarter, Maruti’s standalone net profit saw a growth of 48% to ₹3,878 crore, with revenues up 64% year-on-year. The consolidated net profit for that quarter was ₹3,952 crore, with total revenue of ₹38,471 crore.
Here is a list of other major companies scheduled to release their Q1 results today.
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Whether you're an investor tracking earnings or simply curious about corporate performance, stay in the loop with updates from the Indian companies set to release their quarterly results today.
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