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Author Image Mr. Ashwin Patil
Equity | April 01
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Result Update Maruti Suzuki Limited - Ashwin Patil, Senior Research Analyst, LKP Sec. Ltd.

Maruti Suzuki ends up the year FY 19 with 4.7% growth.

 

  • A drop of 55% reported in the mini segment sales growth as the company is phasing out the old Wagon R 
  • The compact segment growth came in at 19.8% as the new Wagon R sales are included in this segment since Feb. 
  • Robust growth reported in the UVs (12.3%), Vans (20.1%) and LCVs (83% on low base). Exports continued to sulk at 12.3%
  • Total sales growth in March came in at a dip of 1.6%

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