In Q1FY22, Maruti Suzuki Reported Profit of Rs.440.8Cr. which was almost half of ET Now Poll of Rs.819.2Cr. While Revenues were close to estimates at Rs.17770.7cr, but operational numbers too took a hit. EBITDA was reported at RS.821.1Cr with EBITDA Margins at 4.6%. Commodity Price Inflation and Weak operating leverage has been hitting the Margins. The Company Reported margins at 10.3% in Q2FY21 and then 9.5% in Q3FY21 followed by 8.3% in Q4FY21. But now in Q1FY22 it’s even lower. The stock closed down 1.4% post numbers which came just few minutes before trade ended.
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