Maruti Suzuki announces Financial Results for Quarter 1 (April-June), FY 2026-27
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 31 Jul 2026, 04:50 PM IST · BSE ID: 3963992e-8eb0-4ab3-82cf-83881925cfe9
View Original BSE Filing (PDF)
💡
In Simple Terms
Maruti Suzuki's sales rose, but profits fell due to higher costs, while it also approved new gas projects.
🤖 AI Summary
- Net Sales in Q1 FY2026-27 increased 36% to INR 499,591 million from INR 366,206 million.
- Net Profit decreased to INR 33,521 million in Q1 FY2026-27 compared to INR 37,581 million.
- Total sales volume grew by 29.3%, with domestic small cars up 34.1% and SUVs up 44.6%.
- Domestic market share increased by 2.3 percentage points to 41.2% in the first quarter.
- Board approved 4 CBG manufacturing projects with a budget of INR 5,610 million.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Sales Q1 FY2026-27
INR 499,591 million
36.00%
Net Sales Q1 FY2025-26
INR 366,206 million
Net Profit Q1 FY2026-27
INR 33,521 million
-10.70%
Net Profit Q1 FY2025-26
INR 37,581 million
Total Sales Volume Growth
29.3%
Domestic Market Share
41.2%
CBG Projects Budget
INR 5,610 million
🏢 How This Affects the Company
The company's sales volume growth of 29.3% and market share increase to 41.2% indicate strengthened market presence. Investment in 4 CBG manufacturing projects diversifies the business into alternative fuel technology.
Despite a 36% increase in Net Sales to INR 499,591 million, Net Profit decreased to INR 33,521 million, signaling margin compression. Material costs, aggravated by geopolitical events, impacted profitability.
Commissioning of the second plant in Kharkhoda supported higher sales volume growth. Network inventory level remained low at about 13 days, indicating efficient supply chain management relative to demand.
Increased material costs, further aggravated by geopolitical events, introduce a clear risk to maintaining profit margins despite strong revenue growth.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the decline in Net Profit to INR 33,521 million despite strong sales growth.
🔍
Management Signal
Management is focused on driving sales volume and market share growth, while also initiating investments in alternative fuel technologies with INR 5,610 million for CBG projects.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check if material cost pressures persist and impact profit.
Updates on CBG manufacturing projects — assess progress and expansion plans.
Management commentary on future sales strategy and market share targets.
MEDIUM RISK
Profitability faced headwinds from rising material costs, despite robust sales and market share gains.
💡 Investor Takeaway
Maruti Suzuki's Net Sales grew 36% to INR 499,591 million in Q1 FY2026-27, but Net Profit declined to INR 33,521 million from INR 37,581 million. This confirms revenue expansion alongside profitability challenges due to higher material costs.
⚖️ Strengths & Concerns
✅ Positives
- Net Sales increased 36% to INR 499,591 million in Q1 FY2026-27, demonstrating strong revenue growth.
- Domestic market share increased by 2.3 percentage points to 41.2%, indicating enhanced competitive positioning.
⚠️ Concerns
- Net Profit decreased to INR 33,521 million in Q1 FY2026-27 from INR 37,581 million in the prior year.
- Increased material costs, aggravated by geopolitical events, impacted profitability despite higher sales.
📅 Company Track Record
Maruti Suzuki India's past filings indicated margin compression risks, with FY26 revenue up 19.9% to INR 1,832.661 million but profit growing only 0.8% to INR 144.154 million. The amalgamation of Suzuki Motor Gujarat Private Limited with MSIL became effective December 1, 2025, with restated financials for comparable periods from April 1, 2025.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Maruti Suzuki India's Net Sales in Q1 FY2026-27?
Maruti Suzuki India's Net Sales in Q1 FY2026-27 were INR 499,591 million, marking a 36% increase from INR 366,206 million in Q1 FY2025-26.
What was Maruti Suzuki India's Net Profit for Q1 FY2026-27?
The Net Profit for Maruti Suzuki India in Q1 FY2026-27 stood at INR 33,521 million, compared to INR 37,581 million in Q1 FY2025-26.
How much did Maruti Suzuki's total sales volume grow in Q1 FY2026-27?
Maruti Suzuki's total sales volume grew by 29.3% in the first quarter of FY2026-27 compared to the same period in the previous year.
What is Maruti Suzuki's domestic market share as of Q1 FY2026-27?
Maruti Suzuki's domestic market share increased by 2.3 percentage points to 41.2% in Q1 FY2026-27.
What is the budget approved for Maruti Suzuki's CBG manufacturing projects?
The Board of Directors approved a budget of INR 5,610 million for 4 CBG manufacturing projects in the first phase.
Questions based on this BSE filing only. For information purposes.