Maruti Suzuki India Limited has announced its financial performance for FY26, reporting a total annual sales volume of 2,422,713 units, an 8.4% increase over the previous year. The company recorded Net Sales of INR 1,743,695 million and an annual PAT of INR 144,454 million, marking a 1.0% growth compared to FY25. These figures include the impact of the amalgamation of Suzuki Motor Gujarat Private Limited, which was effective from April 1, 2025.
FY26 Financial Performance
For the full fiscal year FY26, Maruti Suzuki India Limited achieved a strong operational performance. Net Sales rose to INR 1,743,695 million, representing a 20.2% growth compared to FY25. The Operational EBITDA stood at INR 214,502 million, reflecting a 6.5% increase. Despite broader economic pressures, the company maintained a positive trajectory in its bottom line, with PAT reaching INR 144,454 million, a 1.0% increase over the prior year.
Q4 FY26 Performance Overview
In the final quarter (January – March 2026), the company reported Net Sales of INR 500,787 million, a significant 28.9% jump compared to the same period in the previous year. Sales Volume for the quarter reached 676,209 units, a growth of 11.8%. While Operational EBIT improved by 30.4% to INR 44,092 million, net profitability was impacted by factors such as adverse commodity prices and lower non-operating income, resulting in a Q4 PAT of INR 35,905 million.
Sales Volume and Segment Analysis
Domestic demand remained the primary driver of growth, accounting for 81.5% of total sales in FY26 with 1,974,939 units sold, up 3.9% year-on-year. Export performance was particularly strong, with 447,774 units shipped, marking a robust 34.6% growth. Within the domestic market, the SUV (UVs) segment showed resilience with 760,987 units sold, while the Mini + Compact segments continued to form the largest share of total domestic volume at 46.6%.
Key Drivers of Margin Movement
The company highlighted that quarterly margin movements were influenced by several factors. Positive drivers included favourable operating leverage, lower sales promotion expenses, and favourable foreign exchange movements. Conversely, margins faced pressure from adverse commodity prices, new model launch expenses, and increased manufacturing and administrative costs during the quarter.
Source: BSE
