Maruti Suzuki Sees Profit Surge Amidst Record-Breaking Export Growth

Maruti Suzuki India Ltd has reported a significant 8% rise in its consolidated net profit for the second quarter, totaling Rs 3,349 crore. This growth is largely attributed to a strong export increase, marking a 42.2% surge to 1,10,487 units, the highest in any quarter.

The company's total revenue from operations also witnessed an upward trajectory, reaching Rs 42,344.2 crore, compared to Rs 37,449.2 crore during the same quarter last year. However, domestic wholesale figures showed a decline of 5.1% as consumers delayed purchases anticipating GST-related price cuts.

In the first half of the fiscal year, Maruti Suzuki achieved a record high in half-yearly exports with 2,07,459 units. The total volume for H1 FY2025-26 grew by 1.4% over the previous year, underlining the company's robust export performance.