Maruti Suzuki India Limited (MSIL) has reported its highest-ever quarterly sales volume for the second quarter of the fiscal year 2026-27, according to financial results approved by the company’s Board of Directors. The company achieved a total sales volume of 696,654 units from July to September, marking a 26.5% increase compared to the same period last year. This growth was driven by a notable rise in domestic passenger vehicle sales, with small car sales increasing by 35.9% and SUV sales by 68.2%. The company’s domestic market share rose by 2.2 percentage points to 40.8%.
Despite the robust sales figures, Maruti Suzuki faced challenges on the profitability front. The company’s net sales for the quarter reached INR 506,155 million, up from INR 401,358 million in the previous year. However, the operating profit (EBIT) declined to INR 28,037 million from INR 33,820 million in the same quarter last year. The decrease in operating profit was attributed to increased commodity costs linked to the ongoing West-Asia conflict. Furthermore, non-operating income saw a significant decline due to mark-to-market losses on invested surplus, resulting in a net profit of INR 24,149 million, down from INR 33,028 million the previous year.
For the half-year period from April to September, Maruti Suzuki reported its highest-ever sales volume of 1,379,378 units, reflecting a 27.9% year-on-year growth. This included record domestic sales of 1,146,523 units and exports of 232,855 units. The company also posted its highest-ever half-yearly net sales of INR 1,005,746 million, compared to INR 767,564 million in the previous year. However, net profit for the half-year period stood at INR 57,670 million, down from INR 70,609 million in the previous year.
In a strategic move, the Board of Directors approved the establishment of the Osamu Suzuki Centre of Excellence. This initiative aims to promote Japanese manufacturing philosophy and enhance vocational and technical skills across India, honouring Mr. Osamu Suzuki’s contributions to the Indian car industry. Analysts note that while Maruti Suzuki’s sales growth remains strong, the company faces challenges in managing rising costs and maintaining profitability amidst geopolitical tensions and fluctuating commodity prices.
