outcome of board meeting for the Financial result for the year ended on 31.03.2025
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Maruti Interior Products Limited reported its audited financial results for the year ended March 31, 2025. Standalone net sales rose to Rs. 4,368.11 lakhs from Rs. 3,771.06 lakhs, a growth of about 15.8% year-on-year. Net profit climbed to Rs. 481.72 lakhs from Rs. 342.96 lakhs, up roughly 40.5%, while EPS stood at Rs. 3.19 versus Rs. 2.27 earlier. Consolidated net profit (including share of associate) was Rs. 484.13 lakhs compared to Rs. 337.96 lakhs. The board also appointed CS Sandip Nadiyapara of S. V. Nadiyapara & Co. as Secretarial Auditor for FY 2024-25. Statutory auditor H. B. Kalaria & Associates issued an unmodified opinion on both standalone and consolidated results.
Strong profit growth of around 40% on a relatively modest revenue uptick signals margin expansion, which is positive for shareholders. However, a material going-concern uncertainty has been flagged for the wholly-owned subsidiary Noggah Lifestyle Products, whose liabilities exceed its assets by Rs. 34.51 lakhs and is dependent on a successful turnaround — a risk investors should monitor.