Maruti profit misses estimates

NET RISES 8% TO %3,349 CR IN Q2, DENTED BY HIGHER INPUT COSTS

- SWARAJ BAGGONKAR

MARUTI SUZUKI INDIA (MSIL), the country’s largest carmaker, posted an 8% year-on-year rise in consolidated net profit to =3,349 crore in the second quarter of FY26, but fell short of Street expectations. Its profit was dented by higher commodity prices and unfavourable foreign exchange movement. The Bloomberg consensus estimates had pegged its profit at 3,571 crore.

Revenue from operations through sale of products grew by 13% to %40,138 crore, beating the estimate of $39,930 crore.A 42% rise in export volumes helped negate the 5% fall in domestic sales volume during the quarter. Its total sales volume increased by 2% to 550,874 units, with exports contributing one-fifth.