Maruti Suzuki India Limited (NSE:MARUTI)

Maruti Suzuki India Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	1,478,576	1,451,099	1,418,582	1,184,099	883,298	703,720
Other Revenue	87,089	78,031	-	-	-	-
Revenue	1,565,665	1,529,130	1,418,582	1,184,099	883,298	703,720
Revenue Growth (YoY)	7.90%	7.79%	19.80%	34.05%	25.52%	-6.99%
Cost of Revenue	1,097,964	1,071,159	1,010,447	865,715	666,876	513,400
Gross Profit	467,701	457,971	408,135	318,384	216,422	190,320
Selling, General & Admin	73,164	70,260	78,933	67,117	67,745	55,597
Other Operating Expenses	189,537	186,148	142,939	120,052	91,157	80,617
Operating Expenses	321,026	312,490	274,430	235,629	186,792	166,555
Operating Income	146,675	145,481	133,705	82,755	29,630	23,765
Interest Expense	-1,837	-1,942	-1,936	-2,523	-1,266	-840
Interest & Investment Income	-	-	4,029	3,559	1,776	760
Earnings From Equity Investments	2,218	2,439	2,541	1,774	1,619	1,690
Currency Exchange Gain (Loss)	-	-	-	-	-	479
Other Non Operating Income (Expenses)	50,222	50,222	-	-	-	-178
EBT Excluding Unusual Items	197,278	196,200	138,339	85,565	31,759	25,676
Gain (Loss) on Sale of Investments	-	-	36,906	19,088	15,671	28,124
Gain (Loss) on Sale of Assets	-	-	-1,000	-271	-458	-590
Pretax Income	197,278	196,200	174,245	104,382	46,972	53,210
Income Tax Expense	51,949	51,198	39,363	21,745	8,177	9,319
Earnings From Continuing Operations	145,329	145,002	134,882	82,637	38,795	43,891
Net Income	145,329	145,002	134,882	82,637	38,795	43,891
Net Income to Common	145,329	145,002	134,882	82,637	38,795	43,891
Net Income Growth	-1.17%	7.50%	63.22%	113.01%	-11.61%	-22.67%
Shares Outstanding (Basic)	314	314	314	314	302	302
Shares Outstanding (Diluted)	314	314	314	314	302	302
Shares Change (YoY)	-0.00%	-	-	4.08%	-	-
EPS (Basic)	462.24	461.20	429.01	262.84	128.43	145.30
EPS (Diluted)	462.24	461.20	429.01	262.84	128.43	145.30
EPS Growth	-1.17%	7.50%	63.22%	104.66%	-11.61%	-22.67%
Free Cash Flow	-	58,859	78,849	29,805	-13,658	67,242
Free Cash Flow Per Share	-	187.21	250.79	94.80	-45.21	222.60
Dividend Per Share	-	135.000	125.000	90.000	60.000	45.000
Dividend Growth	-	8.00%	38.89%	50.00%	33.33%	-25.00%
Gross Margin	29.87%	29.95%	28.77%	26.89%	24.50%	27.05%
Operating Margin	9.37%	9.51%	9.43%	6.99%	3.35%	3.38%
Profit Margin	9.28%	9.48%	9.51%	6.98%	4.39%	6.24%
Free Cash Flow Margin	-	3.85%	5.56%	2.52%	-1.55%	9.55%
EBITDA	203,740	201,563	185,854	130,945	57,329	53,909
EBITDA Margin	13.01%	13.18%	13.10%	11.06%	6.49%	7.66%
D&A For EBITDA	57,065	56,082	52,149	48,190	27,699	30,144
EBIT	146,675	145,481	133,705	82,755	29,630	23,765
EBIT Margin	9.37%	9.51%	9.43%	6.99%	3.35%	3.38%
Effective Tax Rate	26.33%	26.10%	22.59%	20.83%	17.41%	17.51%
Revenue as Reported	1,615,887	1,579,352	1,459,517	1,206,746	900,745	733,083
Advertising Expenses	-	-	15,593	13,774	9,759	8,299

Source: S&P Global Market Intelligence. Standard template. Financial Sources.