Automaker Maruti Suzuki India on Friday announced its results for the July–September quarter of FY26, reporting a 7.9% year-on-year (YoY) rise in consolidated net profit to Rs 3,349 crore, compared with Rs 3,102.5 crore in the same quarter last year.
The company’s revenue from operations grew 13% YoY to Rs 42,344.20 crore, up from Rs 37,449.20 crore in the corresponding period of the previous financial year.
Despite the year-on-year (YoY) rise in profit after tax (PAT), the figure came in below Street estimates of Rs 3,458 crore. However, revenue from operations exceeded expectations, coming in higher than the estimated Rs 39,958 crore.
On a standalone basis, the automaker reported a 7.3% year-on-year (YoY) increase in net profit to Rs 3,293.10 crore, compared to Rs 3,069.20 crore in the corresponding quarter of the previous fiscal year.
Maruti Suzuki reported an EBITDA of Rs 4,434 crore for Q2FY26, marking a marginal growth of 0.4% compared to Rs 4,417 crore in the same quarter last year. However, the company’s EBITDA margin declined by 134 basis points year-on-year to 10.5%, from 11.9% in Q2FY25.
Total expenses for the quarter rose 15.2% YoY to Rs 39,018.40 crore, up from Rs 33,879.10 crore in Q2FY25.
In a press release, Maruti Suzuki said its domestic wholesales declined 5.1% year-on-year to 4,40,387 units in the quarter, as customers deferred purchases in anticipation of a GST-led price reduction from September 22.
However, exports surged 42.2% to 1,10,487 units, marking the company’s highest-ever quarterly export volume, while overall sales grew 1.7% to 5,50,874 units.
During the quarter, Maruti Suzuki also recorded its highest-ever net sales at Rs 40,135.90 crore, up from Rs 35,589.10 crore in the same period last year.
For the first half of FY2025-26 (April–September), Maruti Suzuki reported total sales of 1,078,735 units, comprising 871,276 units in domestic sales and record half-yearly exports of 207,459 units.
The company’s total volume grew 1.4% year-on-year, driven primarily by a strong 39.9% jump in exports.
It also achieved its highest-ever half-yearly net sales of Rs 76,760.6 crore, up from Rs 69,464.4 crore in the same period last year.
Net profit for H1 FY2025-26 stood at Rs 7,004.8 crore, compared with Rs 6,719.1 crore in H1 FY2024-25.
The company’s revenue from operations grew 13% YoY to Rs 42,344.20 crore, up from Rs 37,449.20 crore in the corresponding period of the previous financial year.
Despite the year-on-year (YoY) rise in profit after tax (PAT), the figure came in below Street estimates of Rs 3,458 crore. However, revenue from operations exceeded expectations, coming in higher than the estimated Rs 39,958 crore.
On a standalone basis, the automaker reported a 7.3% year-on-year (YoY) increase in net profit to Rs 3,293.10 crore, compared to Rs 3,069.20 crore in the corresponding quarter of the previous fiscal year.
Maruti Suzuki reported an EBITDA of Rs 4,434 crore for Q2FY26, marking a marginal growth of 0.4% compared to Rs 4,417 crore in the same quarter last year. However, the company’s EBITDA margin declined by 134 basis points year-on-year to 10.5%, from 11.9% in Q2FY25.
Total expenses for the quarter rose 15.2% YoY to Rs 39,018.40 crore, up from Rs 33,879.10 crore in Q2FY25.
In a press release, Maruti Suzuki said its domestic wholesales declined 5.1% year-on-year to 4,40,387 units in the quarter, as customers deferred purchases in anticipation of a GST-led price reduction from September 22.
However, exports surged 42.2% to 1,10,487 units, marking the company’s highest-ever quarterly export volume, while overall sales grew 1.7% to 5,50,874 units.
During the quarter, Maruti Suzuki also recorded its highest-ever net sales at Rs 40,135.90 crore, up from Rs 35,589.10 crore in the same period last year.
For the first half of FY2025-26 (April–September), Maruti Suzuki reported total sales of 1,078,735 units, comprising 871,276 units in domestic sales and record half-yearly exports of 207,459 units.
The company’s total volume grew 1.4% year-on-year, driven primarily by a strong 39.9% jump in exports.
It also achieved its highest-ever half-yearly net sales of Rs 76,760.6 crore, up from Rs 69,464.4 crore in the same period last year.
Net profit for H1 FY2025-26 stood at Rs 7,004.8 crore, compared with Rs 6,719.1 crore in H1 FY2024-25.
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