Maruti Suzuki India's Q4 financial results show strong growth and profitability.

Maruti Suzuki India, the leading auto manufacturer in the country, has recently announced its financial results for the quarter ending March 2024. The company has shown a positive performance with a score of 14, which is an improvement from the previous quarter's score of 12.

One of the key highlights of the financial report is the significant growth in Profit Before Tax (PBT) less Other Income, which has increased by 54.59% year on year. This shows a strong and positive trend in the near term for the company. Similarly, the Profit After Tax (PAT) has also shown a growth of 47.1% year on year, indicating a positive trend in the near future.

The company's Net Sales for the quarter have reached an all-time high of Rs 38,471.20 crore, which is the highest in the last five quarters. This shows a positive trend in the company's sales performance in the near term. Additionally, the PAT for the quarter has also reached its highest at Rs 3,952.30 crore, further highlighting the company's positive financial performance.

Maruti Suzuki's Earnings per Share (EPS) for the quarter have also shown a positive trend, reaching its highest at Rs 125.71 in the last five quarters. This indicates that the company has been able to create higher earnings for its shareholders, showcasing its profitability.

However, the company's Non Operating Income has also reached its highest at Rs 1,183.60 crore in the last five quarters. While this may seem like a positive trend, it is important to note that this income is from non-business activities and may not be sustainable in the long run.

Overall, Maruti Suzuki's financial results for the quarter ending March 2024 have been positive and showcase the company's strong performance in the near term. With a 'Buy' call from MarketsMOJO, it is clear that the company is on the right track and investors can expect good returns from their investment in Maruti Suzuki.