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Maruti Suzuki Q2 Preview: Revenue may jump up to Rs 37,811 crore YoY

Business Standard LogoBusiness Standard3d ago

Maruti Suzuki Q2 Preview: Revenue may jump up to Rs 37,811 crore YoY - Business Standard

Quick Summary:

Those at Motilal Oswal report a 2 per cent year-on-year decline in volumes, driven by weakness in both entry-level cars and UVs.

They anticipate a contraction of 40 basis points in Ebitda margins to 12.3 per cent due to higher discounts.

Meanwhile, on the bourses, Maruti Suzuki’s shares closed 0.12 per cent lower at Rs 11,482.20 on Monday, October 28, 2024 ahead of its earnings, although the stock has risen over 11 per cent year-to-date (Y-T-D).


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 08:03:11 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23315514

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Official Website: business-standard.com

Update Frequency: 233 posts per day

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News Last Updated: 3 hours ago

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Publisher ID: #49

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