NIFTY 50

Maruti Suzuki Q1FY21 Earnings: Here’s what to expect today

Updated : July 29, 2020 09:54 AM IST

Automobile manufacturer Maruti Suzuki is all set to announce its first-quarter earnings later in the day. The company is expected to report a loss for the first time since 2001 in this quarter. Therefore, a weak set of numbers is expected.

The lockdown impacted demand to a great extent. In fact, the revenues are expected to fall by 80 percent. An EBITDA loss of Rs 540 crore is likely and on the bottomline, a loss of Rs 445 crore is expected.

However, the most important thing to watch out for will be the commentary from the management on any kind of demand revival and whether the supply-side constraints have been eased.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV