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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