Maruti Suzuki Q1 profit falls 9% despite 36% revenue growth
Maruti Suzuki’s Q1 FY27 revenue rose 35.9% to Rs 52,469.8 crore as volumes grew 29.3%, but higher material costs pulled consolidated net profit down 9.1% to Rs 3,446.9 crore. Domestic market share reached 41.2%, supported by Kharkhoda capacity.
Maruti Suzuki’s Q1 FY27 profit fell 9% despite 36% revenue growth, as material costs rose. Sales volume increased 29.3%, aided by its second Kharkhoda plant; domestic market share reached 41.2%. The board also approved four CBG projects worth Rs 561 crore.
Why this matters
The result extends Maruti Suzuki’s recent pattern: a Q1 FY27 update tied an 8% profit fall to West Asia-driven input costs, while another cited cost inflation; the company also added 250,000-unit EV capacity at Gujarat’s fourth Hansalpur plant.
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