Maruti Suzuki India Ltd, the country’s largest passenger car maker, reported a 4 per cent rise in net profit for the third quarter of FY26, reaching ₹3,879 crore, up from ₹3,726.9 crore in the same period last year. The company’s standalone profit was ₹3,794 crore, reflecting steady growth despite a one-time exceptional charge of ₹594 crore related to the implementation of new labour codes.
The company’s revenue from operations jumped 29 per cent to around ₹49,900 crore, driven by strong domestic demand and a rebound in consumer sentiment. Maruti Suzuki recorded its highest-ever quarterly domestic sales, with 564,669 units sold, up sharply from 466,993 units a year ago. Including exports, total sales reached 667,769 units, supported by continued demand across different car segments and overseas shipments.
The small car segment contributed significantly to growth, benefiting from the lower 18 per cent Goods and Services Tax (GST) rate. Operating performance remained healthy, with EBITDA rising around 10 per cent, although higher commodity costs and employee expenses slightly compressed margins.
Despite the positive top-line and volume growth, Maruti Suzuki’s shares saw a dip after the results, as investors considered the impact of the one-time labour code provision and ongoing cost pressures.
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