Maruti Suzuki sells 1.36 lakh vehicles in October 2017 in India; Here’s complete analysis

Overall sales (Domestic + Exports) of Maruti Suzuki in the month of October 2017 stood at 146,446 units with a growth of 9.5% over October 2016 sales.

By: | Updated: November 1, 2017 11:07 AM


India’s largest carmaker Maruti Suzuki announced that in the month the company sold a total of 136,000 units in the domestic market as against 123,764 units sold in October 2016 recording a growth of 9.9%. October also marked the start of new 3rd quarter for the company and the sales are as per the company’s prediction of recording double digit growth this financial year. Maruti Suzuki’s mini segment that comprises of Maruti Suzuki Alto and Wagon R saw a decline in sales by about 4.2% as the company sold a total of 32,490 units in this segment as against 33,929 units sold in the month of October 2016. Strong demand of cars like Maruti Suzuki Dzire and Maruti Suzuki Baleno has driven the growth of its compact cars by over 24.7%. Overall in the compact space, the company sold a total of 62,480 units, this also includes other cars like Swift, Ignis and Celerio.

The festive month of October also saw the sales of Maruti Suzuki’s utility vehicles posting a growth of almost 30% strongly on the back of sales of Maruti Suzuki Vitara Brezza and the new Maruti Suzuki S-Cross. The segment saw a sales of 23,382 units last month as compared to 18,008 units sold in the same month last year.

Also read: Maruti Suzuki will make electric cars in India: R C Bhargava

Strong competition from newly launched next-gen Hyundai Verna resulted in decline of sales for Maruti Suzuki Ciaz as the company sold a total of 4,107 units with its sales declining by about 35%. In the LCV space, Maruti Suzuki sold a total of 872 units of its Super Carry light commercial vehicle.

Maruti Suzuki sales figures for October 2017:

Category : Sub-segment Models October Till October April'16 - March'17
    2017 2016 % Change 2017-18 2016-17 % Change
A: Mini Alto, WagonR 32,490 33,929 -4.2% 252,217 241,588 4.4% 413,981
A: Compact Swift, Ritz, Celerio, Ignis, Baleno, Dzire, Tour S 62,480 50,116 24.7% 427,726 328,606 30.2% 584,850
A: Super Compact Dzire Tour - 2,481 - - 20,295 - 32,612
A: Mid-Size Ciaz 4,107 6,360 -35.4% 38,242 37,970 0.7% 64,448
TOTAL A: PASSENGER CARS

 

99,077 92,886 6.7% 718,185 628,459 14.3% 1,095,891
B: Utility vehicles Gypsy, Ertiga, S-Cross,

Vitara Brezza

23,382 18,008 29.8% 147,630 109,967 34.2% 195,741
C: Vans Omni, Eeco 12,669 12,790 -0.9% 91,788 90,545 1.4% 152,009
TOTAL DOMESTIC PASSENGER VEHICLE SALES

 

135,128 123,684 9.3% 957,603 828,971 15.5% 1,443,641
Light Commercial Vehicles Super Carry 872 80 -- 4,229 163 -- 900
TOTAL Domestic Sales

 

136,000 123,764 9.9% 961,832 829,134 16.0% 1,444,541
Total Export Sales

 

10,446 10,029 4.2% 71,303 71,572 -0.4% 124,062
Total Sales (Domestic + Export)

 

146,446 133,793 9.5% 1,033,135 900,706 14.7% 1,568,603

 

Maruti Suzuki’s exports increased by 4.2% as the company exported a total of 10,446 units out of the country. Overall sales of Maruti Suzuki in the month of October 2017 stood at 146,446 units with a growth of 9.5% over October 2016 sales.

In October, Maruti Suzuki announced that its net sales during the first half of this ongoing financial year stood at Rs 3,857 crore, recording a growth of 19.5% over the same period last year. Maruti Suzuki's net profit stood at Rs 4,040 crore. R C Bhargava, Chairman, Maruti Suzuki said that while the operating profit increased by 16%, the net profit increased by 3.8% due to lower non-operating income as the yields on investment were lower compared to last year and some impact of commodities and additional advertisement expenses and increase in effective tax rates.