Higher commodity, energy and logistics costs, along with temporary supplier support measures, weighed on Maruti Suzuki's Q1 earnings despite record domestic sales and exports
The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 9.11 per cent decline in its consolidated net profit at Rs 3,446.9 crore in the first quarter ended June 2026, hit by higher expenses, specially material costs. The auto major had posted a net profit of Rs 3,792.4 crore in the same quarter of the previous fiscal, Maruti Suzuki India said in a regulatory filing. Total revenue from operations was up 35.9 per cent at Rs 52,469.8 crore in the first quarter as against Rs 38,605.2 crore in the same period of 2025-26 fiscal, it added. Total expenses in the quarter under review were higher at Rs 50,000.3 crore as compared to Rs 35,585.4 crore in the year-ago period, the company said.
Q1FY27 company results: Firms including Bajaj Finserv, Aditya Birla Capital, GAIL (India), Shree Cement, Dixon Technologies, and Sun Pharmaceutical are also to release their April-June earnings today
Maruti Suzuki, which manufactures SUVs and modern electric vehicles like the Dzire, Wagon R, and Swift, will post its Q1 FY27 results on Friday, July 31.
R C Bhargava talks about the rise of the Indian passenger vehicle market after the 1991 reforms and the industry's continuing transformation
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Car maker leader Maruti Suzuki India is aiming to sell around 9 lakh CNG vehicles, a nearly 30 per cent increase in the ongoing fiscal, with demand for such automobiles rising in the wake of the West Asia war, according to a senior company official. The demand for CNG vehicles is no longer restricted to small cars and vans, but it has also seen a rise even in the company's SUVs, Maruti Suzuki India Ltd (MSIL) Senior Executive Officer, Marketing & Sales, Partho Banerjee told PTI. "In the first quarter of this fiscal, we have sold 2.2 lakh units of CNG vehicles across models, which is a growth of 58 per cent over the same quarter last year," he said when asked about the traction of CNG vehicles currently in the market. Banerjee said due to the fuel price hike after the West Asia war, demand for CNG vehicles has shot up. Asked what the target for CNG vehicle sales this fiscal is, he said, considering how CNG vehicle sales have grown in the first quarter, for the full year we are ...
SUV contribution to Maruti Suzuki's domestic sales has risen from 12 per cent in FY23 to around 30 per cent in the first quarter of FY27
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs
The price revision, effective from August, 2026, comes as Maruti Suzuki looks to offset rising input costs, with the exact quantum of the increase differing across models
A consumer court in Raipur has delivered a significant ruling in the ongoing E20 petrol debate. The Commission has directed Maruti Suzuki to replace a customer's Grand Vitara
Maruti Suzuki India on Thursday said it will challenge an order of the District Consumer Disputes Redressal Commission, Raipur, that directed the company to replace a customer's vehicle with a new E20 compatible vehicle, citing fuel contamination. The car in the case was an E20-compatible car, fully equipped to handle E20 fuel, and there is evidence of contamination in the fuel collected from the customer's vehicle, Maruti Suzuki India said in a statement. "We have learnt of an order by the District Consumer Disputes Redressal Commission, Raipur, wherein Maruti Suzuki has been directed to replace the customer's vehicle with a new E20-compatible vehicle," it said. The car in this case was an E20 compatible car, fully equipped to handle E20 fuel and so disclosed in the owner's manual, it added. "There is evidence of contamination in the fuel collected from the customer's vehicle. Several other relevant facts have also not been reflected in the order," the company asserted. The state
The Raipur District Consumer Disputes Redressal Commission held that consumers could not be expected to avoid using E20 petrol when it had become the commonly available fuel at petrol pumps.
Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today
Car market leader Maruti Suzuki India Ltd on Wednesday announced the commissioning of a 1 MWh battery energy storage system at its Kharkhoda manufacturing facility in Haryana. As a pilot initiative, a Battery Energy Storage System (BESS) has been integrated into the Kharkhoda facility's internal electricity distribution network, Maruti Suzuki India said in a statement. In 2025, the company had installed a 20 MWp solar power project at the Kharkhoda facility. However, solar power generated during facility holidays could not be utilised due to the absence of demand, it added. A BESS addresses this challenge by storing excess electricity generated during low-demand periods or facility holidays and making it available when required, the company said. In addition, the BESS will help improve grid stability, Maruti Suzuki added. Stating that the company is strongly aligned with India's focus on building self-reliant energy ecosystems, Maruti Suzuki India Managing Director & CEO Hisashi
Stocks to watch today: Maruti Suzuki, Uno Minda, BHEL, Torrent Pharma, Tata Power, IHCL, IDFC First Bank, Kalyan Jewellers, Premier Energies, RCF, RRP Defense, among others, will be in focus today
Aam Aadmi Party national convenor Arvind Kejriwal on Tuesday said he would write to three major automakers, seeking written assurances that the use of E20 fuel does not damage engines or reduce mileage. He also said that he would write to Prime Minister Narendra Modi regarding the "strong protest" by people against ethanol blending and would urge him that the fuel be made optional. Addressing a press conference, Kejriwal named Maruti Suzuki, Toyota Kirloskar and Hero MotoCorp, alleging that their public statements contradicted the guidance in the owner manuals of their vehicles. "I will write letters to all of them... I will tell them that your owner manual says one thing, but you are saying something else. Give in writing that if the mileage of your vehicle drops by more than 10 per cent, will you compensate the customer," Kejriwal said. "If using E20 ethanol in your vehicle damages the vehicle or causes wear and tear, will you compensate for the replacement of those components?,"
Maruti Suzuki's Rahul Bharti said E20 fuel has 3-3.5 per cent lower calorific value than E10 petrol, adding that driving and maintenance factors cause wider mileage variation
Suzuki Motor Corporation will expand the capacity of its newly inaugurated Kharkhoda manufacturing facility in phases, reinforcing its long-term commitment to India
Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi inaugurated Maruti Suzuki's Kharkhoda plant, which is set to scale up to 1 million units annually