Maruti Q2 profit falls 27% on West Asia headwinds; sales surge 26.5%

Maruti Suzuki reported a 27% decline in quarterly net profit due to West Asia conflict-related commodity price hikes and investment losses, despite a 26.5% surge in sales volume. The company remains optimistic about future demand.
Why it matters
It illustrates how geopolitical conflicts in the Middle East are impacting global supply chains and corporate profitability in the automotive sector.
Maruti Q2 profit falls 27% on West Asia headwinds; sales surge 26.5% left Total sales volume rose 26.5% YoY to 696,654 units during the quarter, supported by robust domestic deman The Hindu The Hindu https://th-i.thgim.com/public/incoming/6uz9b7/article71632281.ece/alternates/FREE_1200/Maruti%20Suzuki%20Baleno%20inside.jpg Madhurai Banerjee _12525 Demand continued to outstrip supply, leaving the company with network inventory of about 17 days and pending bookings of approximately 265,000 units MUMBAI Maruti Suzuki India Ltd (MSIL), the country’s largest passenger vehicle maker, reported a 27% year-on-year (YoY) decline in net profit to ₹2,414.9 crore in the second quarter ended September 30, 2026 hit by mark-to-market losses on mutual fund investments and the impact of the West Asia conflict. Operating profit (EBIT) fell to ₹2,803.7 crore from ₹3,382 crore a year earlier, weighed down by conflict-linked commodity price increases. However, EBIT rose 10.8% sequentially from the previous quarter.
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