Maruti Suzuki India reported a 9.11% year-on-year decline in consolidated net profit to Rs 3,446.9 crore for the April-June quarter of FY27, down from Rs 3,792.4 crore a year earlier, even as revenue surged on the back of strong sales volumes.
Consolidated revenue from operations rose 35.91% year-on-year to Rs 52,469.8 crore, up from Rs 38,605.2 crore in the same quarter last year. On a standalone basis, net profit stood at Rs 3,352.1 crore against Rs 3,758.1 crore a year earlier, while standalone net sales rose 36% to Rs 49,959.1 crore.
The company’s total sales volume for the quarter came in at 6,82,724 units, a 29.3% increase over the year-ago period. Domestic small car sales grew 34.1%, SUV sales rose 44.6%, and exports climbed 28.6%, lifting Maruti Suzuki’s domestic market share to 41.2%, up 2.3 percentage points from a year earlier.
Despite the strong top-line growth, profitability came under pressure from rising input costs. Operating EBITDA margin fell to 8.22% in the quarter, down from 10.4% in the same period last year, as higher raw material and promotional expenses ate into margins.
The company attributed part of its volume growth to increased production capacity following the commissioning of its Kharkhoda plant in Haryana, which has allowed it to scale up output to meet both domestic and export demand.
Maruti Suzuki shares closed 0.36% higher at Rs 14,239.40 on the BSE ahead of the results announcement on Friday, July 31, 2026.
The company said the ramp-up at its Kharkhoda plant in Haryana added meaningfully to output during the quarter, helping it meet strong domestic and export demand.
Maruti Suzuki remains India’s largest carmaker by volume, competing with Hyundai, Tata Motors and Mahindra & Mahindra across the passenger vehicle segment.
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.
Photo: Prime Minister’s Office, Wikimedia Commons, GODL-India
