Maruti Suzuki reports record sales and net profit for FY2025-26, recommends dividend of INR 140 per share
Maruti Suzuki India Limited announced record total sales of 2,422,713 units and net profit of INR 144,454 million for the fiscal year ended March 31, 2026.
2,422,713 units
INR 1,743,695 million
INR 144,454 million
What Happened
For the full fiscal year, Maruti Suzuki achieved record total sales of 2,422,713 units, up from 2,234,266 units in FY2024-25. Domestic sales reached 1,974,939 units and exports hit 447,774 units. Net sales grew 20.2% to INR 1,743,695 million, while net profit rose to an all-time high of INR 144,454 million from INR 142,976 million the previous year.
In the fourth quarter, the company recorded its highest-ever quarterly sales of 676,209 units, up 11.8% year-on-year. Net sales for Q4 were INR 500,787 million, up from INR 388,391 million. Operating profit (EBIT) reached an all-time high of INR 44,092 million, but net profit declined 6.9% to INR 35,905 million due to mark-to-market impact.
2,422,713units
Record annual sales, up 8.4% from prior year.
INR 144,454 million
All-time high net profit, slightly above prior year's INR 142,976 million.
INR 140 per shareface value INR 5
Up from INR 135 per share in FY2024-25.
Why this matters
The results reflect strong domestic demand boosted by GST reduction, though production capacity constraints led to a backlog of 190,000 orders and low dealer inventory.
Terms in This Story
- GST
- Goods and Services Tax, a value-added tax levied on most goods and services sold in India.
- EBIT
- Earnings Before Interest and Taxes, a measure of a company's operating profit.
- Mark-to-market
- Accounting method that values assets at their current market price, affecting reported net profit.
Summarised from the linked release; details can be imperfect — always verify against the original source.