New Delhi, India: Maruti Suzuki India reported strong volume-driven revenue growth in the first quarter of FY 2026-27, although rising material costs and commodity price pressures led to a decline in quarterly profit despite record sales performance.
The country’s largest passenger vehicle manufacturer recorded a 29.3% increase in total sales volume during the April-June quarter compared with the same period last year. Growth was supported by a 34.1% rise in domestic small car sales, 44.6% growth in SUV sales, and a 28.6% increase in exports. The company also expanded its domestic market share by 2.3 percentage points to 41.2%, aided by the commissioning of its second manufacturing plant at Kharkhoda. Inventory across the dealer network remained at about 13 days at the end of the quarter.
Financially, net sales climbed 36% to ₹49,959.1 crore, up from ₹36,620.6 crore in the corresponding quarter of FY 2025-26. However, net profit declined to ₹3,352.1 crore from ₹3,758.1 crore a year earlier as higher material costs, which intensified during the quarter amid geopolitical disruptions, put pressure on profitability.
In addition to approving the quarterly financial results, the company’s Board also cleared the first phase of its compressed biogas (CBG) manufacturing initiative. Maruti Suzuki will establish four CBG manufacturing projects with an approved investment of ₹561 crore. The automaker said future expansion of its CBG production network will be evaluated based on the performance and operational experience gained from these initial projects.
The company indicated that robust sales across multiple vehicle segments helped offset some of the pressure from rising input costs. Increased production capacity at the Kharkhoda facility also supported higher dispatches during the quarter while maintaining relatively lean inventory levels.
The latest results reflect a quarter of strong demand and production growth for Maruti Suzuki, although profitability remained affected by elevated raw material costs. At the same time, the company’s investment in compressed biogas projects signals continued focus on supporting cleaner mobility and expanding its alternative fuel ecosystem alongside its core passenger vehicle business.
Source: This article is based on an official press release issued by Maruti Suzuki
Maruti Suzuki announces Financial Results for Quarter 1 (April-June), FY 2026-27 and approves 4 CBG manufacturing projects
