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Maruti Q2FY27 Results: Net Profit Declines 26.36% to ₹2,466.1 Crore
Sentiment: NeutralHigh Priority
What Happened?
Maruti Suzuki India Ltd reported a 26.36% decline in net profit for Q2 FY27, totaling ₹2,466.1 crore, due to rising input costs linked to the West-Asia conflict. Revenue rose to ₹53,355.5 crore, driven by record vehicle sales.
Key points
- Net profit for Q2 FY27 is ₹2,466.1 crore, down from ₹3,349 crore in Q2 FY26.
- Total revenue increased to ₹53,355.5 crore from ₹42,344.2 crore year-on-year.
- Total expenses rose to ₹50,619 crore compared to ₹39,018.4 crore in the previous year.
- Operating profit (EBIT) decreased to ₹2,803.7 crore from ₹3,382 crore in Q2 FY26.
- Maruti achieved record quarterly sales of 696,654 units, a 26.5% increase from the previous year.
- Domestic market share increased by 2.2 percentage points to 40.8%.
Key insights
- The increase in vehicle sales indicates strong consumer demand despite rising costs.
- Maruti's ability to maintain market share suggests effective management of production capacity.
- The geopolitical situation may continue to affect input costs and profit margins.
Why it matters
The decline in net profit highlights the impact of rising input costs on profitability in the automotive sector.
Entities
Maruti Suzuki India Ltd· CompanyWest-Asia· Location
Source
Business Standard
