Aim to beat FY16 projected industry growth of 5-6%: Maruti

Written By Unknown on Rabu, 01 April 2015 | 15.45

The company is satisfied with the export growth and plan to further expand markets, said RS Kalsi ED-Mktg & Sales, Maruti Suzuki.

Talking about the company's overall sales performance RS Kalsi, ED-Mktg & Sales,  Maruti Suzuki said the company despite adverse market condition has managed to achieve a double-digit growth of 11.1 percent. The overall annual figure stands at 11,70,000.

With regards to exports, which show a downtick in the March numbers, he said month-on-month the numbers could vary but one must look at the annual numbers where the growth trajectory is intact and have grown by more than 20 percent.

The export numbers for the month also get impacted if there is delay in shipments. The company is satisfied with the export growth and plan to further expand markets, said Kalsi.

SIAM has projected industry growth at 5-6 percent for FY16 but we aim to grow more than, Kalsi said.

 Transcript to follow

Maruti Suzuki stock price

On April 01, 2015, at 14:10 hrs Maruti Suzuki India was quoting at Rs 3628.60, down Rs 70.65, or 1.91 percent. The 52-week high of the share was Rs 3785.15 and the 52-week low was Rs 1867.00.


The company's trailing 12-month (TTM) EPS was at Rs 106.83 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 33.97. The latest book value of the company is Rs 694.45 per share. At current value, the price-to-book value of the company is 5.23.


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