Maruti Suzuki India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Maruti Suzuki India Ltd reported a 2.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.9%.
• Its expenses for the quarter were up by 2.8% QoQ and 11.0% YoY.
• The net profit decreased 4.0% QoQ and increased 0.9% YoY.
• The earnings per share (EPS) of Maruti Suzuki India Ltd stood at 120.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Maruti Suzuki India Ltd is a leading automobile manufacturer in India, primarily engaged in the production and sale of passenger cars. As a subsidiary of the Japanese automobile and motorcycle manufacturer Suzuki Motor Corporation, Maruti Suzuki offers a wide range of vehicles, including hatchbacks, sedans, SUVs, and multi-purpose vehicles. The company is well-known for its robust distribution network across India, with numerous dealerships and service centers. Maruti Suzuki has consistently held a significant market share in the Indian automotive industry, often credited for revolutionizing the car market in the country. Recent developments in the company include efforts to expand its footprint in the electric vehicle segment, aligning with global trends toward sustainable and eco-friendly vehicles.

Revenue

In Q1FY26, Maruti Suzuki India Ltd reported a total income of ₹40,493.40 crores, which represented a quarter-over-quarter (QoQ) increase of 2.1% from the previous quarter (Q4FY25) where the total income was ₹39,654.80 crores. On a year-over-year (YoY) basis, there was a 9.9% increase compared to Q1FY25, when the total income was ₹36,839.90 crores. These figures indicate a consistent rise in revenue generation over both the quarterly and annual periods reflected in the data. The steady growth in income suggests the company’s ability to enhance its sales and possibly expand its market reach during this period.

Profitability

For the first quarter of FY26, Maruti Suzuki's profit before tax stood at ₹4,908.00 crores, experiencing a slight decline of 2.4% QoQ from ₹5,030.20 crores in Q4FY25. However, compared to Q1FY25, the profit before tax increased by 2.7% from ₹4,778.10 crores. The tax expenses for the quarter were ₹1,151.10 crores, marking a minimal decline of 0.4% QoQ from the previous quarter’s tax expense of ₹1,155.30 crores, and a 7.0% increase YoY from ₹1,076.00 crores in Q1FY25. The profit after tax for Q1FY26 reduced by 4.0% QoQ to ₹3,792.40 crores from ₹3,952.30 crores in Q4FY25 and showed a marginal increase of 0.9% YoY from the ₹3,759.70 crores recorded in Q1FY25. The earnings per share (EPS) also reflected this pattern, standing at ₹120.60, down by 4.1% QoQ and up by 0.8% YoY.

Operating Metrics

Total expenses for Maruti Suzuki in Q1FY26 were ₹35,585.40 crores, which was a 2.8% increase QoQ from ₹34,624.60 crores in Q4FY25. On a YoY basis, total expenses increased by 11.0% from ₹32,061.80 crores in Q1FY25. This indicates a rise in the operating costs over the periods under review. The company’s financial data reveals fluctuations in profitability metrics, with a decline in profits both before and after tax on a quarterly basis, despite an increase in total income. This suggests a challenge in maintaining profit margins in light of rising expenses. The financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio were not provided in the data, hence cannot be calculated here. The trends in the available operating metrics highlight the dynamics of cost management and revenue generation within Maruti Suzuki’s operations during the quarter.