Key Takeaways
- Q2 net profit rose 8% to ₹3,349 crore
- Exports surged 42.2% to record 1,10,487 units
- Total revenue increased to ₹42,344.2 crore
- Fifth manufacturing plant decision expected soon
Maruti Suzuki India reported an 8% increase in consolidated net profit to ₹3,349 crore for the September quarter, driven by strong export performance. The company had posted ₹3,102.5 crore net profit in the same quarter last year.
Financial Performance Details
Consolidated revenue from operations reached ₹42,344.2 crore compared to ₹37,449.2 crore in the year-ago period. Total expenses during the quarter increased to ₹39,018.4 crore from ₹33,879.1 crore last year.
The company achieved record quarterly exports with 1,10,487 units shipped, representing a robust 42.2% growth. Overall sales volume saw a 1.7% increase to 5,50,874 units in Q2.
Half-Yearly Performance & Market Insights
For the first half of FY2025-26, total volume grew by 1.4% year-on-year, primarily driven by a 39.9% increase in exports.
Maruti Suzuki chairman RC Bhargava highlighted that GST rate reduction has sparked a revival in small car sales, challenging the perception that Indian consumers have completely shifted to bigger vehicles.
Bhargava also revealed that the company is close to finalizing plans for establishing its fifth manufacturing plant, with an announcement expected in the coming months.
