Maruti Suzuki Q2 Results: Profit falls 26% YoY to Rs 2,466 crore, but revenue rises 26%
Maruti Suzuki reported a 26% year-on-year decline in net profit for Q2 FY27 despite a 26% increase in revenue. The profit drop was attributed to rising material costs and mark-to-market losses on investments.
Why it matters
As India's largest automaker, Maruti Suzuki's performance serves as a key indicator for the health of the Indian automotive sector and consumer demand.
Maruti Suzuki India on Tuesday reported a 26% year-on-year (YoY) decline in consolidated net profit to Rs 2,466 crore for the July-September quarter of FY27, compared with Rs 3,349 crore in the year-ago period, even as topline expanded.Meanwhile, the auto major’s revenue from operations grew around 26% YoY to Rs 53,356 crore during the quarter under review, as against Rs 42,344 crore reported in the corresponding quarter of the previous financial year. The shares of the company closed more than 2% higher today.Maruti Suzuki’s total expenses rose nearly 30% YoY to Rs 50,619 crore during the second quarter of FY27, from Rs 39,018 crore in the same period last year.
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