Maruti Suzuki India Share Price in Focus; Net Profit Falls 26.9% in Q2FY27

Maruti Suzuki India Limited reported a 26.9% decline in net profit for Q2FY27, even as quarterly sales crossed ₹50,000 crore.  

Net profit stood at ₹2,414.9 crore for July-September, against ₹3,302.8 crore in the same period last year. Net sales rose 26.1% to ₹50,615.5 crore. The company sold 696,654 vehicles during the quarter, up from 550,874 a year earlier.  

Domestic sales increased 33.6% to 588,535 units, while exports slipped 2.1% to 108,119 units. Small car sales grew 35.9%, and SUV sales rose 68.2%, according to the company’s results. 

Commodity Costs Put Pressure on Margins 

Higher sales did not prevent a decline in operating profit. Operating EBIT fell 17.1% to ₹2,803.7 crore from ₹3,382 crore in Q2FY26. Operating EBITDA dropped 6.3% to ₹4,763.3 crore. 

Material costs accounted for 79.9% of net sales, compared with 75.7% in the year-ago quarter. Maruti Suzuki attributed the pressure on operating profit to higher commodity prices amid the West Asia conflict and adverse foreign exchange movements.  

Cost-reduction efforts and improved realisations partly offset the impact. 

Lower Non-Operating Income 

Profit before tax declined 26.2% to ₹3,165.8 crore. Non-operating income also fell, with the company reporting mark-to-market losses on invested surplus. The operating EBITDA margin narrowed to 9.4% from 12.7% a year earlier. 

First-Half Profit Also Declines 

For April-September, net sales rose 31% to ₹1,00,574.6 crore, while total sales increased 27.9% to 1,379,378 units. Domestic sales accounted for 1,146,523 units, with exports contributing another 232,855 units. 

Net profit for the six-month period fell 18.3% to ₹5,767 crore from ₹7,060.9 crore in H1FY26. The results reflect higher sales alongside lower profitability in both the September quarter and the first half of the financial year. 

Read More: Indoco Remedies Share Price in Focus; Reports 7.4% Revenue Growth in Q2FY27! 

Maruti Suzuki India Share Price Performance  

As of October 28, 2026, 11:42 am, Maruti Suzuki India share price was trading at ₹11,393.00, a 0.50% decrease from the previous closing price. 

Conclusion  

For Q2FY27, Maruti Suzuki India recorded a 26.1% rise in net sales, while net profit fell to ₹2,414.9 crore. Operating profit also declined amid higher commodity prices and foreign exchange movements. 

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