Maruti Suzuki India Limited reported a 36% increase in Net Sales for the first quarter of FY 2026-27, reaching INR 499,591 million. The company also saw a 29.3% rise in total sales volume and an expansion of domestic market share to 41.2%. Additionally, the Board approved four Compressed Biogas (CBG) manufacturing projects with a budget of INR 5,610 million.
Maruti Suzuki Announces Strong Q1 FY27 Financials and Strategic Expansion
Maruti Suzuki India Limited has announced its financial results for the first quarter of the fiscal year 2026-27 (April-June). The company reported a robust performance with a 36% surge in Net Sales, which rose to INR 499,591 million compared to INR 366,206 million in the same period of FY 2025-26. This growth was driven by a significant 29.3% increase in total sales volume over the previous year.
Sales Performance and Market Share Gains
Domestic sales volume saw substantial growth across segments, with small cars up by 34.1% and SUVs by 44.6%. Exports also contributed positively, growing by 28.6%. A key highlight was the increase in the company’s domestic market share by 2.3 percentage points to 41.2%. This expansion in market share and sales volume was facilitated by the commissioning of the company’s second plant in Kharkhoda. Despite the strong sales performance, the network inventory level at the end of the quarter remained lean at approximately 13 days.
Profitability and Material Cost Impact
While net sales increased substantially, the Net Profit for the quarter stood at INR 33,521 million, a decrease from INR 37,581 million in Q1 FY 2025-26. This reduction was attributed to rising material costs, which were exacerbated by prevailing global conditions.
Approval of New CBG Manufacturing Projects
In a strategic move towards diversification and sustainability, the Board of Directors also approved four Compressed Biogas (CBG) projects in their initial phase. These projects come with a total budget of INR 5,610 million. The company plans to evaluate the expansion of CBG manufacturing based on the experience gained from these initial projects.
Note: The financial statements have been restated for comparison purposes due to the amalgamation of Suzuki Motor Gujarat Private Limited (SMG) with MSIL, effective December 1, 2025, with an appointed date of April 1, 2025.
Source: BSE
