Shares of Maruti Suzuki India declined by nearly 2% on October 3 following the release of the company’s sales report for September 2024. The total sales stood at 1.84 lakh units, which is a 1.9% YoY increase. However, domestic sales experienced a 1.2% YoY decline, reaching 1.57 lakh units, while exports saw a significant rise of 23% YoY, totaling 27,728 units.
In terms of domestic passenger vehicles (PV), sales in September amounted to 1,44,962 units, down from 1,50,812 units in the same period last year—a 4% YoY decrease. The overall sales numbers for the first half of FY25 also saw a drop, with 8,44,614 units sold from April to September compared to 8,73,107 units in FY24.
Following the announcement of these sales figures after market hours on Tuesday, Maruti Suzuki shares were trading 1.45% down at ₹12,989.25 as of 9:30 am on October 3.
