Maruti Suzuki India Limited has announced its financial results for the year ended March 31, 2026, delivering a record-breaking performance across key metrics.
The company achieved its highest-ever annual domestic and export sales, along with record net sales and net profit. A key highlight of the year was the fourth quarter, where net sales crossed the ₹50,000 crore mark for the first time, underscoring strong demand and sustained growth momentum.
Key Highlights – FY2025–26
- Total sales reached an all-time high of 2,422,713 units
- Domestic: 1,974,939 units
- Exports: 447,774 units
- Net sales stood at ₹1,74,369.5 crore, up 20.2% year-on-year
- Net profit rose to a record ₹14,445.4 crore, compared to ₹14,297.6 crore in FY25
The company maintained its leadership in global markets, remaining India’s top passenger vehicle exporter for the fifth consecutive year, accounting for 49% of total exports. Its first battery electric vehicle, the e Vitara, was exported to 44 countries.
Q4 FY2025–26 Performance
In the January–March quarter, the company posted its highest-ever quarterly sales of 676,209 units, an 11.8% increase year-on-year. Domestic sales stood at 538,994 units, while exports hit a record 137,215 units.
Quarterly net sales rose sharply to ₹50,078.7 crore, compared to ₹38,839.1 crore in the same period last year. Operating profit (EBIT) grew 30.4% to ₹4,409.2 crore.
However, net profit for the quarter declined 6.9% to ₹3,590.5 crore due to mark-to-market impacts.
Demand Strength and Supply Constraints
The strong performance was supported by robust domestic demand in the second half of the year, aided by GST reductions. However, growth was partially limited by production capacity constraints, with approximately 190,000 pending customer orders at year-end, including around 130,000 in the small car segment.
Dealer inventory levels remained tight at about 12 days’ stock.
Dividend Announcement
The Board has recommended a dividend of ₹140 per share (face value ₹5) for FY2025–26, marking the highest-ever payout by the company and an increase from ₹135 per share in the previous financial year.
