Maruti Suzuki India on Tuesday said its consolidated net profit fell 26% year-on-year (YoY) in the July-September quarter of FY 2027 to Rs. 2,466 crore as against Rs. 3,349 crores. The company’s total revenue (topline) has increased during this period. At the same time, in the quarter under review, the company’s revenue from operations grew by nearly 26% year-on-year to Rs. 53,356 crore, while in the same quarter of last financial year it was Rs. 42,344 crores. Shares of the company closed today with a gain of more than 2%.

Maruti Suzuki’s total expenses in the second quarter of FY 2027 rose nearly 30% year-on-year to Rs. 50,619 crore as compared to Rs. 39,018 crores. This was because the cost of materials used increased by 48% year-on-year during this period to Rs. 37,489 crore, while the cost related to employees increased by 14.5% to Rs. 2,351 crores.

The company said in a press release that the ongoing conflict in West Asia led to an increase in commodity prices, due to which the company’s operating profit (EBIT) in the same period last year was Rs. 3,382 crore down to Rs. 2,804 crores. Citing the reason for this huge drop in profit, the company said that apart from this, non-operating income also declined significantly in the second quarter (Q2) due to ‘mark-to-market’ losses on additional capital invested.

Highest quarterly total sales recorded

The company has achieved its highest ever quarterly sales total of 6.97 lakh units, representing a year-on-year growth of 26.5 percent. The company’s growth in the domestic passenger vehicle market was extensive. This led to an increase in small car sales of around 40% and SUV sales of over 68%.

Maruti Suzuki’s market share in the domestic market increased by 2.2 percentage points to 40.8%. The company said it has been able to meet strong demand by recently increasing its capacity. “Despite increasing production capacity, demand was outstripping supply. As a result, network inventory at the end of the quarter stood at around 17 days with bookings of around 2,00,000 units pending.

In export markets, Maruti Suzuki reported that despite challenging geopolitical conditions, it sold 1,08,119 units in the second quarter of fiscal 2027 (Q2 FY27), as against 1,10,487 units in the second quarter of fiscal 2026 (Q2 FY26). The company’s net sales for the quarter stood at Rs. 50,616 crore reached an all-time high, up from Rs. 40,136 crores.

Share price of Maruti Suzuki

On Tuesday, shares of Maruti Suzuki rose nearly 2% to close at Rs. closed at 11,450. The results were announced at the very end of the trading session, when the stock was already in the CAS (Closing Auction Session) trading zone. The stock has fallen more than 5% in the past month, and is down 31% so far in 2026. From a long-term perspective, Maruti Suzuki shares have returned 8% in three years and over 56% in five years. The market capitalization of the company is approximately Rs. 3.6 lakh crores.