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Expensive SUVs Help Maruti Make Up for Domestic Blues
Mint Chennai
|August 01, 2025
Growth was largely due to sales of pricey models such as Grand Vitara, Fronx, Jimny, Brezza
Maruti Suzuki saw its consolidated revenue rise by 10% in the June quarter on the back of growing sales of pricier sports utility vehicles (SUVs), but higher input prices weighed on the company's profitability, which barely grew compared to last year.
India's largest automaker recorded 1% growth in profit to ₹3,792 crore and 10% growth in consolidated revenue to ₹40,493 crore during the first three months of FY26. Profitability was held back by a 200 basis points decline in operating profit margins owing to an increase in commodity inflation and employee costs.
Revenue grew even as its sales in the domestic market have struggled, with the first three months seeing Maruti's total domestic sales fall 5% to 430,889. Growth was largely due to sales of higher-priced SUVs such as Grand Vitara, Fronx, Jimny, and Brezza.
This story is from the August 01, 2025 edition of Mint Chennai.
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