Maruti Suzuki logs sale of 161,413 units in May 2022; stock slips ~1%

1 Jun 2022 , 01:49 PM

Maruti Suzuki India Limited reported sales of a total of 161,413 units in May 2022, as compared to 46,555 units in same month previous year.

The shortage of electronic components impacted the production of vehicles, mainly domestic models. However, the Company took all possible measures to minimize the impact.

The sales figures for May 2022 are not comparable with that of May 2021 as the operations of the Company in May 2021 were significantly affected due to COVID-19-related disruptions.

Sales of the mini and compact segments stood at 85,355 units in May 2022 as compared to 25,452 units in May 2021.

Total Sales include total passenger car sales of 85,941 units in May 2022 as compared to 25,452 units in same month previous year.

Company’s total export sales were reported at 27,191 units in May 2022 as compared to 11,262 units in May 2021. Sales to other OEMs were reported at 6,222 units in May 2022 as compared to 1,522 units in same month previous year.

Maruti Suzuki is currently trading at Rs7,893 down by Rs77.25 or 0.97% from its previous closing of Rs7,970.25 on the BSE. The scrip touched intraday high and low of Rs8,067.35 and Rs7,885 respectively.