Maruti Q4 preview: PAT seen up 32% YoY; commodity prices to dent margins

The company is scheduled to report its Q4FY21 numbers on Tuesday, April 27. Here is what leading brokerages expect.

Buoyed by rural demand despite a slowing economy and a gradual uptick in commodity prices, the auto sector is likely to report a healthy growth in sales numbers at the aggregate level during the January – March 2021 (Q4FY21) quarter, say analysts. Operating margins, however, are likely to remain under pressure during the period under review.

The full impact of commodity price rise, analysts say, will be felt as we head deeper into 2021. To offset the impact, Maruti Suzuki has already hiked the prices of select models in April 2021 by up to Rs 22,500. This is the second