The Hindu·3 min read·medium

Maruti Suzuki Q1 net profit down 11% to ₹3,352 crore on high material cost

T
The Hindu Bureau
Maruti Suzuki Q1 net profit down 11% to ₹3,352 crore on high material cost
AI Summary

Maruti Suzuki reported an 11% decline in net profit for Q1 FY 2026-27, citing rising material costs despite a significant increase in sales volume. The company is expanding its market share and investing in Compressed Biogas projects to diversify its energy portfolio.

Maruti Suzuki India Ltd., India’s biggest passenger vehicles company, for the period April-June, FY 2026-27 (Q1), reported a 11% fall in net profit to ₹3352 crore as compared to ₹3758 crore in the year-ago period, as high material prices eat into its margin.

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