Maruti Suzuki India Ltd posted a fall in its consolidated net profit in Q1 FY26, registering a quarter-on-quarter decrease of 3.03% to ₹3,792.4 crore from ₹3,911.1 crore registered in Q4 FY25.
Revenue from operations also slipped sequentially, falling by 5.66% to ₹38,605.2 crore in the April–June period, down from ₹40,920.1 crore in the preceding quarter. The company’s total income decreased by 4.56% to ₹40,493.4 crore from ₹42,431.3 crore in Q4 FY25.
On year-on-year basis, nonetheless, the automobile behemoth registered a marginal increase in net profit. It posted ₹3,792 crore during Q1 FY26 versus ₹3,760 crore in the same quarter last fiscal.
Total income posted YoY growth to ₹40,493 crore from ₹36,840 crore in the corresponding quarter last year. Net sales also improved to ₹36,625 crore from ₹33,875 crore in Q1 FY25, the company posted in its regulatory filing.
Maruti Suzuki, which sells top-seller models like the Swift and Dzire, said that the domestic passenger vehicle market was underwhelming in the quarter.
Domestic car sales fell 4.5%, but this dip was countered by a noteworthy 37.4% increase in exports. Overall, Maruti registered a modest 1.1% rise in overall sales volume year on year.
For the company, a fall in domestic sales of 4.5 per cent was offset by a strong 37.4 per cent increase in exports leading to a net sales volume growth of 1.1 per cent for the quarter, year-on-year," Maruti Suzuki said in a release.
The carmaker sold a total of 527,861 vehicles in the quarter—430,889 units being sold in the domestic market while 96,972 units were exported.
The firm attributed its good export performance for cushioning the impact of a slow home market, sustaining its profitability amidst sectoral difficulties.
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