Maruti Suzuki reports Q2 profit rise, brokerages adjust targets
pre-market1 source ↓written by the desknot a recommendation
- in consolidated net
- 8% rise
- for Q2
- ₹3,349 cr
- operations increased
- ₹42,344.2 cr
- last year
- ₹37,449.2 cr
- its target
- ₹19,000
Maruti Suzuki reported an 8% rise in consolidated net profit to ₹3,349 cr for Q2, driven by higher sales. Revenue from operations increased to ₹42,344.2 cr, up from ₹37,449.2 cr last year. Brokerages issued mixed views, with Jefferies downgrading to Hold and Goldman Sachs raising its target to ₹19,000.
Immediate market sentiment may vary as analysts adjust their recommendations.
Not investment advice. For informational purposes only.