Maruti Suzuki Q2 net profit up 8% to ₹3,349 crore

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NEW DELHI: Maruti Suzuki India Ltd reported an 8% rise in consolidated net profit to ₹3,349 crore for the quarter ended September 30, driven by strong export performance.

The automaker had posted a consolidated net profit of ₹3,102.5 crore in the same period last year, the company said in a regulatory filing. Consolidated revenue from operations grew to ₹42,344.2 crore from ₹37,449.2 crore a year earlier.

Total expenses during the quarter rose to ₹39,018.4 crore from ₹33,879.1 crore in the corresponding period of the previous fiscal.

The company’s domestic wholesales declined 5.1% year-on-year to 4,40,387 units in Q2, as customers postponed purchases amid expectations of GST-led price cuts from late September.

However, exports surged 42.2% to an all-time high of 1,10,487 units — the highest ever in any quarter. Overall sales volume increased 1.7% to 5,50,874 units.

Maruti Suzuki said it recorded its highest-ever quarterly net sales of ₹40,135.9 crore, compared with ₹35,589.1 crore in the year-ago period.

During the first half of FY2025-26 (April–September), the company sold 10,78,735 units, including 8,71,276 units domestically and record half-yearly exports of 2,07,459 units. Total sales volume for the period rose 1.4% year-on-year, led by a robust 39.9% jump in exports, it added.

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