Maruti Suzuki India Limited, the country’s leading automobile manufacturer, announced its financial results for the third quarter of the fiscal year 2024-2025, ending December 31, 2024. The company reported a 12.6% year-on-year increase in standalone net profit, reaching ₹3,525 crore, up from ₹3,130 crore in the same quarter the previous year.

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Revenue for the quarter rose by 15.6% to ₹38,492.1 crore, compared to ₹33,308.7 crore in Q3 FY24. This growth was primarily driven by robust sales in the utility vehicles segment, which includes high-margin SUVs. The utility vehicle segment experienced a 20.2% increase in sales during the quarter.

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Despite the positive growth in revenue and profit, the company’s performance fell slightly short of market expectations. Analysts had projected a net profit of ₹3,662 crore, but the actual figure was ₹3,525 crore. This shortfall is attributed to higher sales promotion expenses and increased costs related to clearing inventory, which amounted to ₹680 crore.

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The small car segment, encompassing popular models like the WagonR and Swift, faced a 3.7% decline in sales. This downturn reflects a broader market trend favoring SUVs over smaller vehicles. In the third quarter, small cars accounted for approximately 30% of Maruti’s sales, while utility vehicles comprised about 67%.

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In response to rising costs, Maruti Suzuki has announced plans to increase car prices across its range. This move aims to mitigate the impact of higher expenses and maintain profitability.

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Overall, Maruti Suzuki’s Q3 FY25 results highlight the company’s resilience in a competitive market, with significant growth in revenue and net profit driven by strong performance in the utility vehicle segment. However, challenges such as increased promotional expenses and shifting consumer preferences towards SUVs have impacted the company’s traditional small car segment.

Are you a beach person? This winter, travel to these gorgeous coastal destinations in India
Beat the winter chill by heading over to these coastal places that are perfect for all your ‘beach person’ needs.

Winter is not everyone’s cup of tea. Snuggling in warm blankets and sipping on hot beverages may not appeal to the ‘beach people’. These are the people who ardently crave sunny days, sand under their feet, and waves lapping at their toes. This winter, escape to coastal destinations and enjoy a quaint cold season basking under the sun. Here are some coastal places you can visit to take a break from the bitter winter and embrace all things sweet and sunny.

Puducherry’s lovely French colonial charm will sweep you off your feet! The winter months bring pleasant and soothing weather, making it the perfect time to explore this amazing, coastal gem. Stroll or cycle through its quaint streets and marvel at the beautiful colonial architecture adorned with vibrant colours and bougainvillea-lined walls. Head over to Paradise Beach and relax. If you’re looking for a breather that blends the beautiful aesthetics of old-world charm with the serenity of pristine beaches, Puducherry is your go-to place. Don’t forget to try their dishes that have both a French and South Indian touch.

Andaman and Nicobar Islands
No Indian tropical vacation list is complete without the mention of the Andaman and Nicobar Islands. This ultimate destination is a paradise for water sports enthusiasts with a myriad of activities like snorkelling, and scuba diving to admire the marine underwater life. If adventure isn’t your style, simply chill and admire the beauty of the azure ocean and lush greenery from the comfort of your hammock. Don’t miss the chance to go island hopping and discover hidden gems like Havelock Island, Neil Island, and Ross Island, each treasuring breathtaking beaches. Try scrumptious seafood delicacies from fresh morning catches that will have you coming back for more.

Puri
If you are looking for a more spiritual winter gateway, head to Puri in Odisha. Visit the holy Lord Jagannath temple and pray. Don’t forget to try the divine prasad. Then head to the beach in the evening. You can also go to Chilika Lake, an hour or so away from Puri. It is a water lagoon that’s popular for boat riding and birdwatching. In fact, it is Asia’s largest brackish water lagoon. During winter, it becomes a sanctuary for a myriad of migratory birds, making it a must-visit for nature enthusiasts.

Gokarna
Another spiritual winter getaway, Gokarna in Karnataka, is a revered Hindu pilgrimage destination known for its tranquil beaches and ancient temples. Start your visit with the Mahabaleshwar Temple, dedicated to Lord Shiva, which attracts devotees from all over the country. Then unwind at Om Beach which has a distinctive shape resembling the sacred Om symbol.

Goa
For beach lovers, Goa will always remain in the heart and soul. From its epic nightlife scenes thrilling beach sports to calming bike rides and beach walks, Goa is an evergreen winter getaway. Indulge in authentic Goan cuisine and marvel at the Portuguese-inspired architecture that adds a unique charm to this coastal paradise. This time explore Goa on a scooter, doing off-beat things. Goa feels like the comfort food that always makes you want to keep coming back.

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According to data from Goodreturns, the price of 10 grammes of 22-carat gold in India increased on Friday, costing 54,800 instead of 54,200 on Thursday. The cost of one gramme, eight grammes, and 100 grammes of 22-carat gold has increased by 60, 480, and 6,000 accordingly, to 5,480, 43,840, and 5,48,000 today.

According to Goodreturns, the prices of one gramme, of 24-carat gold have grown by 65, 520, 650, and 6,500 points, respectively, since Thursday.

On Friday, the cost of 24 karat gold also increased. Priced at 5,978 for one gramme, 47,827 for eight grammes, and 59,780 for ten grammes of 24-carat gold, respectively. 100 grammes of 24-carat gold are worth 5,97,800.

According to Goodreturns, the prices of one gramme, eight grammes, ten grammes, and one hundred grammes of 24-carat gold have grown by 65, 520, 650, and 6,500 points, respectively, since Thursday.

In the meantime, silver costs rose on Friday in India as well. The price of a gramme of silver has increased from Thursday’s 71.60 to today’s 72.60. The cost of eight grammes of silver increased by eight dollars to $580.80. 10 grammes of silver are available for $726, and one kilogramme of silver will cost $72,600, up $1,000 from yesterday’s price, according to Goodreturns.

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