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Maruti Suzuki’s board also approves reappointment of Hisashi Takeuchi as MD and CEO of the company for a further period of three years with effect from April 1, 2025, till March 31, 2028.
Maruti Suzuki Q3 Results.
Maruti Suzuki India on Wednesday reported a 16 per cent jump in its consolidated net profit to Rs 3,727 crore for the third quarter ended December 31, 2024. Its total revenue from operations during October-December 2024 rose 15.66 per cent to Rs 38,764 crore, compared with Rs 33,513 crore in the year-ago period.
However, following the results, shares of the auto major were trading 1.45 per cent down at Rs 11,948 apiece on the BSE as on 2:20 pm.
It had reported a net profit of Rs 3,207 crore in the October-December period of last fiscal, Maruti Suzuki India said in a regulatory filing.
The company said its board has approved the scheme of amalgamation of Suzuki Motor Gujarat into the auto major. The board also approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer of the company for a further period of three years with effect from April 1, 2025, till March 31, 2028.