Maruti Suzuki Q1 profit falls 9% as cost inflation squeezes margins
Maruti Suzuki reported ₹3,446.9 crore in Q1 consolidated profit, down 9.1% year on year, despite revenue rising 35.9% to ₹52,469 crore. EBITDA margin contracted to 8.9% from 11.6% as expenses outpaced sales; the carmaker plans an August price hike of up to ₹30,000.
Maruti Suzuki’s Q1 FY2026 profit fell 9.1% as input and operating costs rose faster than revenue, compressing EBITDA margin to 8.9%. The automaker plans an August price increase of up to ₹30,000 to partly offset persistent cost inflation.
Why this matters
The margin squeeze follows Maruti Suzuki's recent Gujarat expansion signals: a fourth Hansalpur plant adds 250,000 annual EV units, lifting India capacity to 2.9 million cars.
Retail-company signals are accelerating, up 259660% quarter on quarter.