Maruti Suzuki revenue rises 35.9%, but Q1 margin drops 490 bps on higher costs
Maruti Suzuki posted strong July volumes and maintained its FY27 10% growth guidance, but Q1 profit fell 10.8% as material costs, plant expenses and supplier-settlement timing compressed profitability. The automaker plans seven new models by FY30.
Maruti Suzuki reported higher Q1 revenue and strong July domestic sales, but profit, EBITDA and margins declined amid material costs, plant expenses and supplier-settlement timing. The carmaker retained FY27 10% volume-growth guidance and plans seven new models by FY30.
Why this matters
The earnings signal follows Maruti Suzuki’s record July output of 248,845 vehicles and record July dispatch growth as India passenger-vehicle wholesales rose about 33%, highlighting volume momentum despite cost pressure.
retail-company is accelerating, up +224750% QoQ.