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Maruti Suzuki Q3 FY21 profit beats estimates, rises to Rs 1,941.4 crore

The profit number beat Street expectations as a CNBC-TV18 poll had estimated the number to the tune of Rs 1,833 crore.

January 28, 2021 / 02:05 PM IST
Image: Pixabay

Image: Pixabay

 
 
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Automaker Maruti Suzuki on January 28 reported a 24.1 percent year-on-year (YoY) rise in Q3FY21 standalone net profit at Rs 1,941.4 crore.

In the corresponding quarter of the previous financial year, profit numbers were Rs 1,564.8 crore.

The profit number beat Street expectations as a CNBC-TV18 poll had estimated the number to the tune of Rs 1,833 crore.

The company reported a 13.3 percent YoY rise in Q3 standalone revenue at Rs 23,457.8 crore against Rs 20,706.8 crore in Q3FY20.