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Expensive SUVs Help Maruti Make Up for Domestic Blues

Mint New Delhi

|

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.

Mint New Delhi'den DAHA FAZLA HİKAYE

Mint New Delhi

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Makhana to millets, snack makers tap into mindful munching

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time to read

3 mins

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Mint New Delhi

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What is Trump's problem with paracetamol?

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New highway builders may toll older parallel roads too

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time to read

2 mins

September 25, 2025

Mint New Delhi

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Govt unwraps $8 bn outlay to buoy ports, shipping

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time to read

3 mins

September 25, 2025

Mint New Delhi

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Large exposure rule begins to squeeze corporate lending

A six-year-old Reserve Bank of India (RBI) rule meant to keep a check on banks' lending to large corporate groups is once again causing heartburn for lenders.

time to read

3 mins

September 25, 2025

Mint New Delhi

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Insolvency relief for homebuyers soon

Separating troubled projects, early house registration proposed

time to read

3 mins

September 25, 2025

Mint New Delhi

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Retail catches a falling knife as NSE shares dive

Late entrants into the National Exchange's Stock (NSE) unlisted shares have been singed by a steep correction in its stock price over the past two weeks, compounding losses since July's record highs.

time to read

2 mins

September 25, 2025

Mint New Delhi

Tata tussle

A split among trustees of Tata Trusts over the composition of Tata Sons' board, as reported by Mint, suggests that the late Ratan Tata's successor Noel Tata could face a struggle to establish his authority over the group.

time to read

1 min

September 25, 2025

Mint New Delhi

US NOT ALONE TO TURN AWAY SKILLED INDIANS

The Donald Trump administration set the fee for new H-1B visa applications at $100,000 last week, employing the classic shock-and-awe approach.

time to read

3 mins

September 25, 2025

Mint New Delhi

Mint New Delhi

India considers US blueprint to forge new trade deal with Japan

Dhirendra Kumar dhirendra.kumar@livemint.​com NEW DELHI

time to read

2 mins

September 25, 2025

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