Maruti Suzuki India Limited (MARUTI) — Financial Results | 28 January 2026(3 announcements)

Maruti Suzuki India Limited filed financial results for Q3 FY2025-26 (quarter ended December 31, 2025) on January 28, 2026. The company conducted an investor call to discuss quarterly performance. The audio recording of the earnings call has been made available on the company's investor relations website for stakeholder access.

Maruti Suzuki achieved record quarterly net sales of ₹475,344 million in Q3 FY2025-26, driven by GST-led market recovery. Domestic sales reached 564,669 units, up 20.9% YoY, with small cars contributing 68,328 units. Net profit stood at ₹37,940 million (prior year: ₹36,593 million), though impacted by a ₹5,939 million one-time labour code provision. Nine-month net profit rose 4.0% to ₹108,549 million.

Maruti Suzuki reported Q3 FY'26 net sales of ₹475,344 million, up 29.2% YoY, with sales volume reaching 667,769 units (+17.9% YoY). Net profit stood at ₹37,940 million (+3.7% YoY), though margins compressed due to a ₹5,939 million one-time provision for New Labour Codes, adverse commodity prices, and REE supply issues. Operating EBITDA grew 10% to ₹55,717 million, while operating leverage and lower sales promotion expenses provided partial offsets.