MARUTI2023-07-012023-09-30 MARUTI2023-07-012023-09-30 MARUTI2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member MARUTI2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member MARUTI2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member MARUTI2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member MARUTI2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532500 MARUTI NOTLISTED Maruti Suzuki India Limited Equity 2023-04-01 2024-03-31 2023-10-27 2023-10-07 INR Millions Half yearly 10:35:00 13:30:00 2023-10-27 2023-10-27 true Cash Flow Indirect Not applicable Single segment The group is primarily in the business of manufacturing, purchase and sale of Motor Vehicles, Components and Spare Parts ( Automobiles ). The other activities of the Company comprise facilitation of Pre- Owned Car Sales, Fleet Management and Car Financing. The income from these activities is not material in financial terms but such activities contribute significantly in generating demand for the products of the Company. Accordingly there are no reportable segments. 2023-07-01 2023-09-30 Unaudited Consolidated 370728000000.00 8293000000.00 379021000000.00 122536000000.00 147289000000.00 -8153000000.00 13191000000.00 351000000.00 7944000000.00 47962000000.00 331120000000.00 47901000000.00 0.00 47901000000.00 10161000000.00 677000000.00 10838000000.00 0.00 37063000000.00 0.00 0.00 0.00 580000000.00 37643000000.00 3519000000.00 41162000000.00 37643000000.00 0.00 41162000000.00 0.00 1510000000.00 5 124.61 124.61 0.00 0.00 124.61 124.61 1. The above financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules issued thereafter ( Ind AS ) and the other accounting principles generally accepted in India. 2. The above financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on October 27, 2023. The limited review of financial results for the quarter and half year ended September 30, 2023, as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been completed by the Statutory Auditors and they have issued an unmodified report on the aforesaid results. 3. The Consolidated financial results include the results of the Company, 2 subsidiaries, 14 associates and 3 joint ventures. The Company together with its subsidiaries is herein referred to as the Group. The Group is primarily in the business of manufacturing, purchase and sale of Motor Vehicles, Components and Spare Parts ( Automobiles ). The other activities of the Group comprise facilitation of Pre-Owned Car Sales, Fleet Management and Car Financing. The income from these activities is not material in financial terms but such activities contribute significantly in generating demand for the products of the Group. Accordingly there are no reportable segments. 4. The Board of Directors at its meeting held on July 31, 2023 approved termination of the contract manufacturing agreement (CMA) with Suzuki Motor Gujarat Private Limited (SMG) and exercising the option to acquire 100% equity shares of SMG from Suzuki Motor Corporation (SMC), subject to legal and regulatory compliances including minority shareholder's approval. Subsequently, subject to the approval of the shareholders and such other regulatory or statutory approvals as may be required, the Board of Directors at its meeting held on October 17, 2023 approved issuance of 12,322,514 equity shares of the Company having face value of INR 5 each to SMC, at a price of INR 10,420.85 per equity share at a total consideration of INR 128,411 million on a preferential basis for consideration other than cash, for the purchase of 100% of equity shares of SMG owned by SMC, in accordance with all the applicable laws and regulations and the Share Purchase and Subscription Agreement ( SPSA ) executed between the Company, SMG and SMC in relation to the same. Single segment 2023-04-01 2023-09-30 Unaudited Consolidated 694113000000.00 18077000000.00 712190000000.00 227368000000.00 278788000000.00 -9147000000.00 27876000000.00 816000000.00 15422000000.00 91474000000.00 632597000000.00 79593000000.00 0.00 79593000000.00 16593000000.00 1307000000.00 17900000000.00 0.00 61693000000.00 0.00 0.00 0.00 1202000000.00 62895000000.00 4311000000.00 67206000000.00 62895000000.00 0.00 67206000000.00 0.00 1510000000.00 5 208.21 208.21 0.00 0.00 208.21 208.21 Other Expenses 48364000000.00 Vehicles/ dies for own use -402000000.00 Other Expenses 92314000000.00 Vehicles/ dies for own use -840000000.00 182009000000.00 26324000000.00 0.00 4946000000.00 1423000000.00 515563000000.00 2000000.00 737000000.00 516302000000.00 1032000000.00 28708000000.00 760744000000.00 47665000000.00 12910000000.00 44619000000.00 4916000000.00 71000000.00 278000000.00 15032000000.00 77826000000.00 18532000000.00 144023000000.00 904767000000.00 1510000000.00 656421000000.00 657931000000.00 657931000000.00 0.00 235000000.00 235000000.00 937000000.00 28438000000.00 29610000000.00 3631000000.00 138384000000.00 17682000000.00 159697000000.00 32375000000.00 10843000000.00 14311000000.00 217226000000.00 246836000000.00 904767000000.00 816000000.00 -4830000000.00 -11637000000.00 0.00 -872000000.00 -145000000.00 -142000000.00 6466000000.00 0.00 20643000000.00 0.00 1126000000.00 2588000000.00 15422000000.00 0.00 1219000000.00 53000000.00 1205000000.00 0.00 119000000.00 60000000.00 528000000.00 0.00 -17307000000.00 0.00 0.00 -182000000.00 480000000.00 373000000.00 14807000000.00 94400000000.00 0.00 0.00 0.00 13830000000.00 0.00 80570000000.00 0.00 0.00 240145000000.00 252849000000.00 0.00 0.00 0.00 0.00 14000000.00 25698000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1371000000.00 0.00 0.00 0.00 260000000.00 0.00 0.00 0.00 0.00 60000000.00 528000000.00 0.00 -26000000.00 0.00 -39457000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -8527000000.00 0.00 0.00 0.00 27187000000.00 796000000.00 0.00 -60000000.00 -36570000000.00 4543000000.00 0.00 4543000000.00 373000000.00 4916000000.00 3985000000.00 4765000000.00 466000000.00 454000000.00 0.00 0.00