Maruti Suzuki’s consolidated net profit fell 9.11% year-on-year to Rs 3,446.9 crore for the quarter ended June 2026, down from Rs 3,792.4 crore, even as the carmaker delivered its sharpest revenue growth in recent quarters.
Consolidated revenue from operations climbed 35.91% year-on-year to Rs 52,469.8 crore, up from Rs 38,605.2 crore a year earlier. Standalone net profit was Rs 3,352.1 crore, down from Rs 3,758.1 crore, while standalone net sales grew 36% to Rs 49,959.1 crore.
Sales volume for the quarter came in at 6,82,724 units, up 29.3% year-on-year, with domestic small car sales up 34.1%, SUV sales up 44.6%, and exports up 28.6%. Domestic market share rose to 41.2%, an increase of 2.3 percentage points.
Operating EBITDA margin fell to 8.22% from 10.4% a year earlier, as higher raw material costs and increased promotional spending weighed on profitability despite the strong volume growth.
Maruti Suzuki credited the commissioning of its Kharkhoda plant in Haryana for supporting the increased production that underpinned the quarter’s sales growth.
Shares of the company closed 0.36% higher at Rs 14,239.40 on the BSE ahead of the results announcement on Friday, July 31, 2026.
Analysts tracking the auto sector have flagged elevated steel and aluminium input costs as a sector-wide pressure point through the first quarter of the current financial year.
The company’s export business has increasingly leaned on markets in Africa, Latin America and the Middle East as it looks to diversify beyond its traditional domestic base.
Maruti Suzuki’s results arrived during a busy earnings week for Indian markets, with Sun Pharma, Bajaj Finserv, Indian Oil Corporation and ABB among other large companies also reporting first-quarter numbers.
Separately, foreign institutional investors trimmed their holdings across several Nifty 50 companies during the quarter, even as domestic institutional investors raised their combined index ownership to a record 25.9%.
Photo: Prime Minister’s Office, Wikimedia Commons, GODL-India
