Maruti Suzuki Q1 Outcomes: Cons PAT rises marginally to Rs 3,792 crore, income jumps 8% YoY
Income from operations rose 8% YoY to Rs 38,605 crore, in comparison with Rs 35,779 crore posted within the corresponding quarter of the earlier fiscal yr.
On a sequential foundation, web revenue declined 3% from Rs 3,911 crore reported within the quarter ended March 2025.
On a standalone foundation, web revenue rose 2% YoY to Rs 3,712 crore, in comparison with Rs 3,650 crore in the identical interval final yr. Standalone income from operations grew 8% YoY to Rs 38,414 crore, up from Rs 35,531 crore within the year-ago quarter.
Sequentially, standalone web revenue remained largely flat, inching up barely from Rs 3,711 crore reported within the March 2025 quarter.
For Q1FY26, the corporate reported a 1% YoY improve in gross sales quantity to five,27,861 items, up from 5,21,868 items in Q1FY25. Internet gross sales rose 8% YoY to Rs 36,624.70 crore, in comparison with Rs 33,875 crore in the identical quarter final yr.Nonetheless, working EBIT declined 19% YoY to Rs 3,058 crore, down from Rs 3,771 crore in Q1FY25, indicating margin strain regardless of larger gross sales.The decline in working EBIT throughout Q1FY26 was attributed to a number of margin headwinds. Key adverse elements impacting profitability included opposed commodity costs, unfavourable international change actions, and better gross sales promotion bills.
Moreover, the corporate incurred new plant-related bills linked to the Kharkhoda greenfield facility, additional weighing on margins regardless of progress in gross sales quantity and income.
In Quarter 1, the home passenger car trade continued to witness a sluggish demand surroundings. For the corporate, a decline in home gross sales of 4.5% was compensated by a strong 37.4% progress in exports, leading to an general gross sales quantity improve of 1.1% for the quarter, year-on-year,” the corporate said in its press launch.
Phase-wise, in Q1FY26, the corporate reported home gross sales of 4,30,889 items, reflecting a 4.5% year-on-year decline. The drop was primarily pushed by a pointy 36.6% decline in Mini phase gross sales, which stood at 19,522 items.
Compact vehicles, the most important phase by quantity, noticed a 6.3% decline, with 1,77,270 items bought. The mixed Mini + Compact phase recorded a ten.6% YoY decline. Mid-size autos fell 16.7%, whereas UVs and Vans posted extra average declines of 0.8% and a pair of.0%, respectively.
Nonetheless, Gentle Business Automobile (LCV) gross sales rose 7.1%, and gross sales to different OEMs jumped 18.8%, providing some offset to the general softness in core segments.
Following the Q1 outcomes announcement, shares of Maruti Suzuki India closed flat at Rs 12,594.65 on the BSE on Thursday.
