Maruti Suzuki India Limited has reported its highest-ever annual financial performance for the fiscal year 2024-25, led largely by strong export growth and consistent domestic sales. The company’s Board approved the audited results, highlighting a year of record vehicle shipments and robust profitability despite muted consumer sentiment in India’s auto market.
For the full year, Maruti Suzuki posted total vehicle sales of 2,234,266 units, reflecting a 4.6% growth over the previous fiscal. This comprised 1,901,681 units sold domestically and 332,585 units exported, marking a 2.7% rise in domestic sales and a sharp 17.5% surge in exports. With this, the company remained the top car exporter from India for the fourth consecutive year, contributing nearly 43% of the country’s passenger vehicle exports.
In financial terms, the company registered net sales of INR 1,451,152 million in FY2024-25, an increase of 7.5% from INR 1,349,378 million in the previous year. It also recorded its highest-ever annual net profit at INR 139,552 million, up by 5.6% from INR 132,094 million in FY2023-24.
During the final quarter of the fiscal (January to March 2025), Maruti Suzuki sold 604,635 units, its highest quarterly sales figure to date. Domestic sales during the quarter stood at 519,546 units while exports accounted for 85,089 units. This translated to a 3.5% increase over the same quarter last year. Net sales for the quarter rose to INR 388,488 million from INR 366,975 million in Q4FY2023-24, though net profit slightly dipped to INR 37,111 million from INR 38,778 million a year ago.
The company announced a final dividend of INR 135 per share (on a face value of INR 5), amounting to a payout of INR 42,444 million, and an increase from INR 125 per share in the previous year. This move signals strong confidence in long-term shareholder value and reflects the company's healthy balance sheet.
On a consolidated basis, Maruti Suzuki reported net profit of INR 145,002 million and consolidated revenue of INR 1,459,517 million for FY2024-25. The company also highlighted its continued investment in growth, including plans for a merger with Suzuki Motor Gujarat Private Limited and localising its value chain through investments in technology, capacity, and sustainability measures.
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