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Expensive SUVs Help Maruti Make Up for Domestic Blues

Mint Hyderabad

|

August 01, 2025

Growth was largely due to sales of pricey models such as Grand Vitara, Fronx, Jimny, Brezza

- Ayaan Kartik

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.

FLERE HISTORIER FRA Mint Hyderabad

Mint Hyderabad

Mint Hyderabad

SC allows Natco to sell generic of Roche drug until case ends

The Supreme Court on Friday rejected Swiss pharmaceutical giant F. Hoffmann-La Roche AG's (Roche) pleaseeking that Natco Pharma Ltd berestricted from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug, Risdiplam, in India until the conclusion of the case.

time to read

2 mins

October 18, 2025

Mint Hyderabad

Mint Hyderabad

An artist's neon ode to the labour of women

An influential figure on the global arts scene, Chila Kumari Burman focuses on inner resilience of women in South Asia

time to read

3 mins

October 18, 2025

Mint Hyderabad

Mint Hyderabad

Can we ever give ourselves the gift of time?

We've got apps, gadgets, hacks and services to get work done faster and better. Yet we remain busier than ever

time to read

5 mins

October 18, 2025

Mint Hyderabad

RIL Q2: Profit surges 16% as all engines gain steam

All of its key businesses—O2C, telecom and retail—saw marginal improvements

time to read

1 mins

October 18, 2025

Mint Hyderabad

Hacker hostels fuel bunch of tech builders

Discord server for people with an interest in tech has now evolved into a hacker house across different countries, including Romania, Japan and France.

time to read

3 mins

October 18, 2025

Mint Hyderabad

Mint Hyderabad

JSW Steel upbeat on H2, eyes policy boost

projection of 23 analysts polled by Bloomberg.

time to read

1 mins

October 18, 2025

Mint Hyderabad

The auto industry is panicking about another potential chip shortage

year there were production stoppages resulting from China’s stranglehold on rare-earth magnets, a disruption in aluminum supplies after a fire and President Trump’s costly tariffs.

time to read

2 mins

October 18, 2025

Mint Hyderabad

Reliance Q2: Profit surges 16% as all three engines fire

fuel and other chemicals, benfitted from a sharp growth in fuel cracks—the difference between the price of crude oil and the fuel produced from it—during the quarter.

time to read

1 mins

October 18, 2025

Mint Hyderabad

Mint Hyderabad

HDFC Bank, ICICI Bank set for steady loan growth in Q2

India's two largest private sector lenders, HDFC Bank and ICICI Bank, are set to announce their September quarter results on Saturday. Brokerages expect both banks to report steady loan growth, though net interest margins (NIMs) are likely to remain under pressure amid faster loan repricing and rising deposit costs.

time to read

2 mins

October 18, 2025

Mint Hyderabad

Hindustan Zinc Q2 profit expands 14%

The ongoing silver rally helped Hindustan Zinc Ltd report a 14% year-on-year jump in its profit for the September quarter, offsetting a sharp dip in metal production.

time to read

1 min

October 18, 2025

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