Maruti Q4 PAT dips 5% YoY to Rs 1,796 cr; announces dividend of Rs 80/sh

Total revenue from operations for the period under review stood at Rs 21,459.4 crore against Rs 21,165.6 crore, up 1.4 per cent YoY

Maruti Suzuki India on Thursday reported a net profit of Rs 1,795.6 crore for the March quarter of financial year 2018-19 (FY19), down 4.6 per cent on year-on-year (YoY) basis. It had posted a PAT of Rs 1,882.1 crore in the March quarter of the previous fiscal year. Maruti also announced a dividend of Rs 80 per share for 2018-19, the same as that of last year. 

The numbers, however, are still better than what brokerages had projected for the auto company. For instance, analysts at ICICI Securities had estimated a 15.8 per cent decline on YoY basis in Maruti's net