Maruti Suzuki’s Q2 net profit rises 8% to Rs 3.3K crore

Maruti Suzuki India Ltd on Friday reported an 8 per cent rise in consolidated net profit to Rs 3,349 crore for the second quarter ended September 30, driven by robust exports growth. The company had posted a consolidated net profit of Rs 3,102.5 crore in the same period of the last fiscal, Maruti Suzuki India said in a regulatory filing.

Its consolidated total revenue from operations stood at Rs 42,344.2 crore against Rs 37,449.2 crore in the year-ago period, it added. The company's total expenses in the second quarter rose to Rs 39,018.4 crore from Rs 33,879.1 crore a year ago. On the other hand, "exports grew by a robust 42.2 per cent to 1,10,487 units, the highest-ever in any quarter", it added. The overall sales volume grew 1.7 per cent to 5,50,874 units in the second quarter, the company said.

In H1 FY2025-26, the total volume grew by 1.4 per cent over the same period last year, primarily driven by a robust 39.9 per cent increase in exports, it said.

Meanwhile, the GST rate reduction had sparked the revival of small cars, proving wrong the perception that Indian consumers have moved up to aspirational and bigger segments, Maruti Suzuki India chairman RC Bhargava said. The firm was also close to taking a decision on its plan to set up a fifth manufacturing plant and an announcement was expected in the next few months, Bhargava said.