Maruti Suzuki is expected to report healthy third quarter earnings today with a 8% increase in total units sold, driven by higher SUV segment sales and exports. Analysts anticipate a 15-16% increase in total revenue due to higher unit sales and better product mix, offset by higher discounts. While revenues may decline 10% sequentially, EBITDA is expected to outpace the topline growth, supported by a richer product mix and price hikes. Investors will closely watch the commentary on demand outlook and margins.
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November 19, 2024