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Maruti Suzuki's Q1 PAT may slip up to 32% QoQ, say analysts

Analysts estimate the income to rise in the range of 340 to 353 per cent year-on-year (YoY) and decline 22 to 25 per cent QoQ, up to Rs 18,619 crore

Maruti Suzuki Swift
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Maruti Suzuki Swift

Nikita Vashisht New Delhi
India’s largest automobile maker Maruti Suzuki India may be able to guard the dent on revenue, during the June quarter of FY22 (Q1FY22), owing to sequential rise in average selling prices (ASPs), price hike taken during the quarter, and better product mix, say analysts.

Moreover, the bottom line could be positive, relative to a net loss posted last year, as auto demand remained resilient during the second wave of Covid-19 compared with last year’s nationwide lockdown. The auto major is slated to report its Q1FY22 result on Wednesday, July 28.

Analysts, on an average, expect the automaker to report a standalone net

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First Published: Jul 27 2021 | 1:27 PM IST

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