MARUTI NSE filing

Maruti Suzuki Q1 FY'26: PAT ₹3,711.7 crore, up 1.7% YoY

The RealCase readMedium impact Neutral

Why it matters

While there is growth in sales and PAT, the decrease in operating EBIT and sales volume compared to the previous quarter suggests a moderate impact.

The market read

The announcement presents a mix of positive (increase in sales and PAT) and negative (decrease in operating EBIT) factors, resulting in a neutral sentiment.

* Maruti Suzuki India Limited (MSIL) announced its Q1 FY'26 financial results. * Sales Volume: 527,861 units, a 1.1% increase year-over-year (YoY) from 521,868 units. * Net Sales: ₹3,662.47 crore, up 8.1% YoY from ₹3,387.53 crore. * Operating EBIT: ₹3,057.8 crore, down 18.9% YoY from ₹3,771.3 crore. * Profit Before Tax (PBT): ₹4,834.2 crore, up 3.1% YoY from ₹4,689.1 crore. * Profit After Tax (PAT): ₹3,711.7 crore, up 1.7% YoY from ₹3,649.9 crore. * Key reasons for margin movement (YoY): * Negative Factors: Adverse commodity prices, adverse foreign exchange movement, higher sales promotion expenses, and new plant-related expenses (Kharkhoda greenfield plant). * Positive Factors: Cost reduction efforts and higher non-operating income. * Compared to Q4 FY'25, Sales Volume decreased by 12.7%, Net Sales decreased by 5.7%, and Operating EBIT decreased by 9.9%. * Domestic sales stood at 430,889 units, a decline of 4.5%, while exports increased by 37.4% to 96,972 units.

Filing to action

What to do with a filing like this

Maruti Suzuki India Limited filed this with the NSE as a statutory disclosure, categorised under results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Maruti Suzuki India Limited. Read the original for the full detail.

View original filing