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Informist, Tuesday, Apr. 1, 2025

 

--Maruti Suzuki Mar total sales 192,984 units vs 187,196 units year ago 
--Maruti Suzuki Mar total sales 192,984 units, up 3% on year 
--Maruti Suzuki Mar total domestic sales 160,016 units, down 0.8% on year 
--Maruti Suzuki Mar total exports 32,968 units, up 27% on year 
--Maruti Suzuki Mar mini car sales 11,655 units, down 1.5% on year 
--Maruti Suzuki Mar compact car sales 66,906 units, down 4.2% on year 
--Maruti Suzuki Mar Ciaz sales 676 units, up 14.6% on year 
--Maruti Suzuki Mar utility vehicle sales 61,097 units, up 4.6% on year 
--Maruti Suzuki Apr-Mar total sales 2.23 mln units, up 4.6% on year 

--Maruti Suzuki: Decided to stop production of Ciaz based on market feedback

 

NEW DELHI - Maruti Suzuki India Ltd., the country's top passenger vehicle-maker, saw its despatches grow in single digits for the third consecutive month in March, dragged by continued weakness in the passenger car segment due to Indians' increasing preference for utility vehicles, according to an exchange filing on Tuesday. The company's robust exports performance also aided the sales.

 

The company despatched 192,984 units to dealerships in India and abroad, at a growth of 3.1% on year. In 2024-25 (Apr-Mar), the company sold 2.23 million units, up 4.6% from the year-ago period. Total domestic sales by Maruti Suzuki in March were 160,016 units, down 0.8% on year. In FY25, the company's total domestic sales grew 4.6% on year to 1.90 million units.

 

Maruti Suzuki sold 11,655 mini cars to dealers in March, down 1.5% on year, while sales of its compact cars fell 4.2% to 66,906 units. Cars in these segments include the Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift, and WagonR. Sales of the now-discontinued Ciaz grew to 676 units, up nearly 15% on year.

 

In March, the company sold 79,237 passenger cars, down 4% on year. In 2024-25 (Apr-Mar), passenger car sales fell 8% to 904,909 units. The company, in recent years, has lamented the issue of decreased purchasing power of customers who usually opt for cars in this segment.

 

Despatches of Maruti Suzuki's utility vehicles in March was 61,097 units, 4.6% higher year-on-year. It saw the lowest number of utility vehicles in the March quarter. Some of its models in this segment include the Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, and the XL6. In FY25, wholesale sales of Maruti Suzuki's utility vehicles grew 12% to 720,186 units. 

 

Maruti Suzuki exported 32,968 units in March, up 27% on year. In FY25, the company exported 332,585 units to dealerships overseas, registering a growth of nearly 18% from the year-ago period. "Aligned with the Government of India's ‘Make in India' vision, we attained record exports of 332,585 units. This achievement once again cemented our position as India's number 1 passenger vehicle exporter," said Hisashi Takeuchi, the managing director and chief executive officer of Maruti Suzuki. The company currently exports around 17 models to 100 countries.

 

March despatches of Eeco, the only van sold by the company, contracted 13% on year to 10,409 units. In FY25, despatches of Eeco fell 1% to 135,672 units. Maruti Suzuki sold 2,391 units of its Super Carry light commercial vehicle in March, down nearly 34% on year. 

 

Sales to other original equipment manufacturers, which are in essence vehicles later rebadged by Toyota India, grew nearly 39% in March to 6,882 units. In FY25, these sales increased 82% year-on-year to 106,422 units.  

 

For the December quarter, the company reported a net profit of INR 35.25 billion on revenue of INR 384.92 billion. Shares of the company ended at INR 11,481.10 on the National Stock Exchange, down 0.4%.  End

 

Reported by Anand JC

Edited by Vandana Hingorani

 

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