Maruti Suzuki Q1 FY27 profit falls 9% as material costs rise despite 36% revenue growth
Maruti Suzuki India reported Q1 FY27 consolidated net profit of ₹3,446.9 crore, down 9.1% year-on-year, as higher material, commodity, forex and capacity costs outweighed strong volume growth. Revenue rose 36% to ₹52,468.9 crore, while vehicle sales increased 29.3% to 682,724 units.
Maruti Suzuki’s Q1 FY27 net profit fell 9.1% to ₹3,446.9 crore as material, commodity, forex and capacity costs rose, despite 36% revenue growth. Vehicle sales rose 29.3%, supported by its second Kharkhoda plant, while inventory remained at 13 days.
Why this matters
The result follows Maruti Suzuki's recent Q1 update showing 36% sales growth and 41.2% domestic share, and a ₹561 crore CBG plan announced as sales rose while profit slipped.
retail-company is accelerating, up 217550% QoQ.