Revenue up ~30%, profit shows labour-code impact| Business News

The Maruti Suzuki brand logo is seen on a vehicle during the 4th International Autoshow 2025 at the Palace Grounds in Bengaluru on November 14, 2025. (Photo by Idrees MOHAMMED / AFP) (AFP)


Maruti Suzuki India Ltd. has clocked its highest quarterly revenue in October-December 2025 on car sales fuelled by the festive season and GST 2.0.

The Maruti Suzuki brand logo is seen on a vehicle during the 4th International Autoshow 2025 at the Palace Grounds in Bengaluru on November 14, 2025. (Photo by Idrees MOHAMMED / AFP) (AFP)

Standalone net profit of India’s largest carmaker rose 3.7% over the year-ago period to 3,794 crore, on revenue that surged 28.7% year-on-year to 49,892 crore, according to an exchange filing on Wednesday (28 January 2026).

Analysts polled by Bloomberg had estimated the top line at 50,474 crore and the bottomline at 4,416 crore.

Maruti Suzuki Q3 Results FY26 (Standalone, YoY)

  • Revenue up 28.7% at 49,892 crore (Estimate: 50,474 crore)
  • EBITDA up 10% at 5,572 crore (Estimate: 5,843 crore)
  • EBITDA margin down 190 bps at 11.2% (Estimate: 11.6%)
  • Net profit up 3.7% at 3,794 crore (Estimate: 4,416 crore)

One basis point is one-hundredth of a percentage point.

The company has reported a one-time exceptional cost of 594 crore due to implementation of India’s new labour codes.

This is a developing story. More to come.



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