Business Standard

Here's what brokerages expect from Maruti Suzuki's Q4 results today

Maruti Suzuki's stock tumbled 41.35 per cent in Q4FY20 as compared to the 29.42 per cent decline in Nifty50 index in the same period

DLF Maruti Suzuki India Gail India

Maruti Suzuki India will report its March quarter results of the financial year 2019-20 (Q4FY20) on Wednesday.

Analysts expect India's largest carmaker's profit in the fourth quarter of financial year 2019-20 (Q4FY20) to fall anything from 18 per cent to 40 per cent on a year-on-year basis, while revenue decline to be in early teens, largely led by sharp fall in volumes. The automaker had posted revenue of Rs 21,460 crore and profit of Rs 1,800 crore in the corresponding quarter last year. "Indian auto companies are likely to report dismal 4QFY20 results given the sharp ...

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, May 13 2020. 13:20 IST