In terms of volume sales, the company reported that it sold 682,724 units of vehicles in the quarter

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Impacted by an increase in material costs, the country’s largest passenger vehicle maker, Maruti Suzuki India (MSIL), reported a consolidated net profit of ₹3,446.9 crore in the first quarter of the financial year 2026-27 (Q1 FY27), down 9.1 per cent year-on-year (y-o-y) compared to ₹3,792.4 crore in the corresponding period last year.It was almost in line with street expectations. According to the company, “Adverse commodity prices in the context of West Asia conflict, adverse foreign exchange movement, unfavourable fixed cost incidence (FCI) on account of inventory depletion, higher employee expense (Q1 seasonality) and higher depreciation expense (capacity expansion at Kharkhoda facility)” have led to the decline in its net income.However, consolidated total revenue from operations rose by 36 per cent y-o-y to ₹52,468.9 crore for the quarter ended June 30, compared to ₹38,605.2 crore in the April-June quarter of FY26.Total expenses in the quarter under review were higher at ₹50,000.3 crore compared to ₹35,585.4 crore in the year-ago period, MSIL said, adding that the cost of materials consumed in the first quarter rose to ₹32,013.2 crore from ₹21,936.8 crore in the corresponding period of the previous fiscal year.In terms of volume sales, the company reported that it sold 682,724 units of vehicles in the quarter under review, up 29.3 per cent y-o-y compared to 527,861 units in the first quarter of last year.Domestic small car sales grew by 34.1 per cent y-o-y, while SUV sales increased by 44.6 per cent, the car major said, adding that its domestic market share rose by 2.3 percentage points to 41.2 per cent in the quarter. The company further stated that its exports in the first quarter also grew by 28.6 percent y-o-y.“Higher sales were possible because the company commissioned its second plant in Kharkhoda. Despite the increased sales, the network inventory level at the end of the quarter was only about 13 days,” MSIL said.MSIL also informed that the Board has approved four compressed biogas (CBG) projects in the first phase with a budget of ₹561 crore, and it will consider the expansion of CBG manufacturing based on the experience gained from these projects.Shares of MSIL closed at ₹14,239.40 apiece on the BSE on Friday, up 0.36 per cent from the previous close.Published on July 31, 2026