Mumbai, 25 April (IANS). Maruti Suzuki India said on Friday that its net profit declined by 4.29 percent to Rs 3,711.1 crore in the fourth quarter of FY 2025. Whereas, it was Rs 3,877.8 crore in the same period of the last financial year.
According to stock exchange filing, the company’s total expenditure in March 2025 increased by 8.55 percent to Rs 37,585.5 crore on an annual basis.
However, the company increased by 5.86 percent to Rs 38,848.8 crore on an annual basis, which was Rs 36,697.5 crore a year ago.
The automaker also recorded a slight increase in total income, which stood at Rs 40,674 crore during the quarter, compared to Rs 38,235 crore in the same quarter a year ago.
The company’s earlier earnings from EBITDA stood at Rs 4,264.5 crore. The company said in its filing that the EBITDA margin was 10.5 percent.
Despite the decline in profit, the company’s board recommended a record final dividend of Rs 135 per share for FY 2025, which is the highest dividend ever declared from the company.
It is under the approval of shareholders in the upcoming annual general meeting (AGM). The record date for dividend is August 1 and the payment will be made on 3 September.
The company said in its filing, “Dividends on equity shares for the year end on 31 March, if declared in the upcoming annual general meeting, will be paid at the end of business hours on Friday, August 1 (record date). The date of payment of dividend is 3 September.”
This is the 19th time when Maruti Suzuki India has declared a dividend.
In the previous years, the company announced a dividend of Rs 125 per share in August 2024, Rs 90 per share in August 2023 and Rs 60 per share in August 2022.
On Friday trading, the company’s shares closed at Rs 11,650 per share on the National Stock Exchange (NSE) at Rs 244 or 2.05 percent.
-IANS
SKT/ABM