Maruti Suzuki Shares Dip 2.5% After Q3 Earnings, Despite Profit Growth
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News18•29-01-2026, 17:15
Maruti Suzuki Shares Dip 2.5% After Q3 Earnings, Despite Profit Growth
- •Maruti Suzuki India shares fell 2.5% on Thursday following its December quarter earnings announcement.
- •The stock settled at Rs 14,499.50 on BSE and Rs 14,502 on NSE.
- •The company's market valuation decreased by Rs 11,862.41 crore.
- •Maruti Suzuki reported a 4% increase in consolidated net profit to Rs 3,879 crore for Q3, but this included a Rs 594 crore provision for new labour codes.
- •Total revenue from operations rose to Rs 49,904 crore, and domestic sales hit a record 5,64,669 units.
Why It Matters: Maruti Suzuki shares dropped despite profit growth, impacted by investor sentiment and a one-time provision.
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