Maruti Suzuki Q2 results: Profit rises 8% to Rs 3,349 crore; record exports offset domestic slowdown

Maruti Suzuki India Ltd on Friday reported an 8% increase in consolidated net profit at Rs 3,349 crore for the September quarter, helped by record export growth even as domestic sales weakened.In the same quarter last fiscal, the automaker had earned Rs 3,102.5 crore, the company said in a regulatory filing, PTI reported. Revenue from operations rose 13% year-on-year to Rs 42,344.2 crore, compared to Rs 37,449.2 crore in the year-ago period.Total expenses climbed to Rs 39,018.4 crore from Rs 33,879.1 crore a year earlier, the company added.According to Maruti Suzuki, domestic wholesales declined 5.1% to 4,40,387 units during the quarter, as customers delayed purchases anticipating GST-related price cuts.Exports, however, provided a strong boost, surging 42.2% to 1,10,487 units, marking the company’s highest-ever quarterly export tally. Overall sales volume rose 1.7% to 5,50,874 units in Q2.Maruti Suzuki said it also achieved its highest-ever quarterly net sales at Rs 40,135.9 crore, up from Rs 35,589.1 crore in the same period last year.For the first half of FY2025-26 (April–September), the company sold 10,78,735 vehicles, including 8,71,276 units in the domestic market and record half-yearly exports of 2,07,459 units.Total sales volume for H1 grew 1.4% year-on-year, driven by a 39.9% jump in exports, the automaker said.