Maruti Suzuki India Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

52,462.50

49,904.10

42,344.20

38,605.20

40,920.10

38,764.30

37,449.20

Other Operating Income

0.00

Total Operating income

52,462.50

49,904.10

42,344.20

38,605.20

40,920.10

38,764.30

37,449.20

Raw Material Cost

35,168.90

29,233.60

25,324.20

21,936.80

23,333.30

21,964.70

21,773.10

Purchase of Finished goods

4,944.80

5,853.90

6,682.00

5,703.80

6,163.60

4,708.60

4,923.10

(Increase) / Decrease In Stocks

-1,626.90

1,181.00

-1,547.20

-279.40

-577.30

633.00

-192.80

Employee Cost

2,248.30

2,700.90

2,052.20

2,048.30

1,800.80

1,786.60

1,680.70

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

5,569.10

5,361.60

4,747.00

4,573.10

5,355.70

4,594.90

4,266.30

Total Expenditure (Excl Depreciation)

46,304.20

44,331.00

37,258.20

33,982.60

36,076.10

33,687.80

32,450.40

Operating Profit (PBDIT) excl Other Income

6,158.30

5,573.10

5,086.00

4,622.60

4,844.00

5,076.50

4,998.80

Other Income

483.90

1,055.10

946.20

1,888.20

1,511.20

1,057.70

1,523.20

Operating Profit (PBDIT)

6,642.20

6,628.20

6,032.20

6,510.80

6,355.20

6,134.20

6,522.00

Interest

73.00

61.70

57.20

46.80

47.60

46.30

43.00

Exceptional Items

0.00

Gross Profit (PBDT)

6,569.20

6,566.50

5,975.00

6,464.00

6,307.60

6,087.90

6,479.00

Depreciation

1,748.10

1,734.60

1,703.00

1,556.00

1,461.80

1,429.00

1,385.70

Profit Before Tax

4,918.40

4,917.30

4,339.30

4,943.50

4,917.70

4,726.00

5,140.60

Tax

1,259.40

1,038.20

990.30

1,151.10

1,006.60

999.10

2,038.10

Provisions and contingencies

0.00

Profit After Tax

3,561.70

3,793.70

3,281.70

3,756.90

3,839.20

3,659.80

3,055.20

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

3,561.70

3,793.70

3,281.70

3,756.90

3,839.20

3,659.80

3,055.20

Share in Profit of Associates

97.30

85.40

67.30

35.50

71.90

67.10

47.30

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

3,659.00

3,879.10

3,349.00

3,792.40

3,911.10

3,726.90

3,102.50

Equity Capital

157.20

Face Value

5.0

Reserves

0.00

Earnings per share (EPS)

116.38

123.38

106.52

120.62

124.4

118.54

98.68

Diluted Earnings per share

116.38

123.38

106.52

120.62

124.4

118.54

98.68

Operating Profit Margin (Excl OI)

12.3%

11.72%

12.67%

12.62%

12.47%

13.79%

14.05%

Gross Profit Margin

13.12%

13.81%

14.89%

17.65%

16.24%

16.54%

18.21%

PAT Margin

7.31%

8.16%

8.34%

10.35%

10.07%

10.13%

8.72%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is 28.21% vs 6.37% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is -6.45% vs -1.04% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 27.13% vs -7.22% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is 53.36% vs -37.53% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025

Compare Quarterly Results Of Maruti Suzuki With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

52,462.50

54,981.91

-2,519.41

-4.58%

Other Operating Income

0.00

Total Operating income

52,462.50

54,981.91

-2,519.41

-4.58%

Raw Material Cost

35,168.90

31,139.66

4,029.24

12.94%

Purchase of Finished goods

4,944.80

2,336.42

2,608.38

111.64%

(Increase) / Decrease In Stocks

-1,626.90

855.32

-2,482.22

-290.21%

Employee Cost

2,248.30

3,238.23

-989.93

-30.57%

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

5,569.10

7,695.84

-2,126.74

-27.63%

Total Expenditure (Excl Depreciation)

46,304.20

45,265.47

1,038.73

2.29%

Operating Profit (PBDIT) excl Other Income

6,158.30

9,716.44

-3,558.14

-36.62%

Other Income

483.90

994.84

-510.94

-51.36%

Operating Profit (PBDIT)

6,642.20

10,711.28

-4,069.08

-37.99%

Interest

73.00

2,407.33

-2,334.33

-96.97%

Exceptional Items

0.00

Gross Profit (PBDT)

6,569.20

8,303.95

-1,734.75

-20.89%

Depreciation

1,748.10

1,942.68

-194.58

-10.02%

Profit Before Tax

4,918.40

6,914.10

-1,995.70

-28.86%

Tax

1,259.40

1,654.19

-394.79

-23.87%

Provisions and contingencies

0.00

Profit After Tax

3,561.70

4,707.08

-1,145.38

-24.33%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

3,561.70

4,707.08

-1,145.38

-24.33%

Share in Profit of Associates

97.30

552.83

-455.53

-82.40%

Minority Interest

0.00

592.34

-592.34

-100.00%

Other related items

0.00

Consolidated Net Profit

3,659.00

4,667.57

-1,008.57

-21.61%

Equity Capital

157.20

558.78

-401.58

-71.87%

Face Value

5.00

0.00

Reserves

0.00

Earnings per share (EPS)

116.38

41.77

74.61

178.62%

Diluted Earnings per share

116.38

41.48

74.90

180.57%

Operating Profit Margin (Excl OI)

12.30%

17.70%

0.00

-5.40%

Gross Profit Margin

13.12%

15.13%

0.00

-2.01%

PAT Margin

7.31%

9.58%

0.00

-2.27%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 52,462.50 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 5.13% vs 17.85% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 28.21% vs 6.37% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 3,659.00 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is -5.67% vs 15.83% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -6.45% vs -1.04% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 6,158.30 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 10.50% vs 9.58% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 27.13% vs -7.22% in Mar 2025

Quarterly - Interest

Interest 73.00 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 18.31% vs 7.87% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 53.36% vs -37.53% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 12.30%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has fallen from Mar 2025