Get App
Download App Scanner
Scan to Download
Advertisement

Maruti Suzuki Q2 Results: Profit Falls 27%, Margin Contracts Sharply

However, revenue rose 26% to Rs 53,340 crore in quarter ended September from Rs 42,332 crore reported in the same quarter last year.

Maruti Suzuki Q2 Results: Profit Falls 27%, Margin Contracts Sharply
Photo Source: Maruti Suzuki

Maruti Suzuki India Ltd. reported a decline in profit in the second quarter of the financial year 2027. Standalone net profit fell over 26.9% year-on-year to Rs 2,415 crore in the July-September quarter, according to a stock exchange filing on Tuesday.

However, revenue rose 26% to Rs 53,340 crore in quarter ended September from Rs 42,332 crore reported in the same quarter last year. Operating profit, measured in earnings before interest, tax, depreciation and amortisation, was down 6.3% at Rs 4,764 crore. Margin contracted from 12% last year to 8.9%.

Other income fell Rs 430 crore from Rs 966 crore in the quarter under review. In addition tax expense also slipped to Rs 751 crore from Rs 988 crore.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Maruti Suzuki Q2 Result Highlights (YoY)

  • Net Profit declines 26.9% at Rs 2,415 crore versus Rs 3,303 crore (below estimate of Rs 2,933 crore).
  • Revenue up 26.0% at Rs 53,340 crore versus Rs 42,332 crore (slightly below estimate of Rs 53,744 crore).
  • EBITDA declines 6.3% at Rs 4,764 crore versus Rs 5,085 crore (above estimate of Rs 4,683 crore).
  • EBITDA Margin down 310 Bps at 8.9% versus 12.0% (above estimate of 8.7%).

Maruti Suzuki Share Price Today

The results were announced near market close. Shares of Maruti Suzuki closed as much as 2.05% higher during the day at Rs 11,450 apiece on the NSE. This compares with a 0.02% decline in the benchmark Nifty 50. The shares have fallen 0.22% in one week and 5.10% in one month. The shares are down 31.47% year-to-date and 30.13% in one year.

This is a developing story.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com