Maruti Suzuki records 29.6% YoY growth in December 2024 sales; Shares up 2%

Maruti Suzuki India Limited achieved remarkable sales in December 2024, with a total of 178,248 units sold, reflecting a strong year-end performance. The company’s total sales consisted of 132,523 units in domestic sales, 8,306 units sold to other OEMs, and a record-breaking export figure of 37,419 units.

Key Highlights:

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  • Domestic Sales Performance:
    Maruti Suzuki’s domestic sales reached 132,523 units, boosted by popular models in different categories. The Mini and Compact segments contributed significantly, with 62,324 units sold. Models like Alto, S-Presso, Baleno, Celerio, and Swift continue to dominate the Indian market.
  • SUV Sales Growth:
    The Utility Vehicle (UV) segment saw substantial growth, with 55,651 units sold, led by models like the Brezza, Ertiga, and XL6. This strong performance indicates a growing demand for SUVs in India.
  • Export Milestone:
    Maruti Suzuki set a new record with 37,419 units exported, marking the highest-ever monthly export sales for the company. This milestone highlights the brand’s strong international presence and global reach.
  • Overall Performance:
    Total sales for the month of December 2024 stood at 178,248 units, a significant rise compared to 137,551 units in December 2023. The company’s cumulative sales for FY 2024-25 also showed steady growth, reflecting Maruti Suzuki’s position as a leader in the Indian automotive market.

In the meantime, Maruti Suzuki shares opened at ₹10,858.00, reaching a high of ₹11,098.00 and a low of ₹10,800.20 today. Over the past 52 weeks, the stock has peaked at ₹13,680.00 and touched a low of ₹9,737.65. As of 2:02 PM, the shares were trading 2.14% higher at Rs 11,090.45.