As per the regulatory filing of April 3, Maruti Suzuki's board of directors are set to meet on April 26, 2024, to consider and approve audited financial results for the year ended on 31st March 2024 and also to recommend a dividend for its shareholders. Over the years, the company has paid increasing dividend with increase in vehicle sates, which led to increase in profits.

As can be seen from table presented below, in FY23 the company paid out 1800% dividend on a face value of Rs 5, resulting in cash payout of Rs. 90 to shareholders.

In early April, Maruti Suzuki in a filing with exchange released its yearly sales figures and the annual total sales milestone surpassed 2 million units in FY2023-24. The company also reported highest-ever annual domestic sales along with highest-ever annual exports sales figures.

The Federation of Automobile Dealers Associations (FADA) reported that PV retail sales in India grew 8.45% year-on-year in FY24 at 39,48,143 units, compared to 36,40,399 units in FY23.

Analyzing the sales figures, biggest jump was seen in Utility vehicles and from export orders. The sales of utility vehicles which include vehicles like Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, S-Cross, XL6 saw massive surge of 75% rise year over year from 366129 in FY23 vehicles to 642296 vehicles in FY24. Export figures increased from 259333 vehicles in FY23 to 283067 in FY 24. Vans segment witnessed 4.5% rise from year ago.

Mini segment which include Also and S-Presso saw biggest decline in sales, falling about 39% from 232911 vehicles in FY23 to 142094 vehicles in FY24. Next biggest decline was seen in mid-size segment (ciaz) of 24% Y-o-Y.

Year to date the stock has gives 25% return and during intraday session, Maruti Suzuki hit all time high of Rs. 12949.70 and is currently trading at Rs. 12,867.