Maruti Suzuki India Limited (MARUTI) — FY25 Annual Report | 5 August 2025(2 announcements)

Maruti Suzuki India Limited reported a 32% year-on-year revenue increase to ₹87.22 crores for FY 2024-25, driven by strong vehicle sales (82.76% of turnover) and a 14.99% export contribution. The company achieved 92% material recyclability and 98% recoverability, exceeding its 85%/95% targets. It also met its solar capacity target of 78.2 MWp ahead of schedule, with plans to reach 319 MWp by FY 2030-31. Key risks include supply chain dependencies and regulatory scrutiny over anti-competitive practices, though no material penalties were imposed. Management emphasized its net-zero ambition by 2070, with 15% EV, 25% hybrid, and 35% CNG targets by FY 2030-31. Employee welfare spending rose to 0.37% of revenue, and 100% of permanent staff received health insurance. The Board approved sustainability policies aligned with ISO standards, and a Board-level Sustainability Committee oversees ESG oversight. Independent assurance by Bureau Veritas confirmed compliance with BRSR Core KPIs. No material financial penalties or legal actions were reported, though CCI investigations into spare parts and discount practices remain stayed by higher courts.

Maruti Suzuki India Limited's 44th AGM scheduled for 28 August 2025 will adopt FY 2024-25 audited standalone and consolidated financial statements, declare a dividend of ₹135 per share, and appoint Price Waterhouse Chartered Accountants LLP as statutory auditors for a five-year term. The filing also includes strategic expansions into mobility services, EV infrastructure, and sustainability initiatives, alongside governance updates and director reappointments.