Maruti Suzuki Q1 profit falls 11% as costs outpace 36% revenue growth

Maruti Suzuki’s Q1 FY27 net profit declined to ₹3,352 crore as expenses rose 40.5%, despite stronger small-car, SUV and export volumes lifting revenue to ₹52,456 crore. Domestic market share rose to 41.2%, while the board approved ₹561 crore for four compressed-biogas projects.

— Filed Fri, 31 Jul, 2026, 18:37 IST · Source Outlook Business · Updated

Maruti Suzuki reported Q1 FY27 profit down 11% despite 36% revenue growth, as commodity, steel and Iran-linked supply disruptions lifted costs. Strong small-car, SUV and export volumes raised market share, while the board approved ₹561 crore for four compressed biogas projects.

Why this matters

The result follows Maruti Suzuki’s recent Q1 sales signal showing 36% growth and a 41.2% domestic share, while earlier Q1 reports also flagged profit pressure from higher costs and West Asia-related input inflation.

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