The company said performance during the year was supported by growth in the domestic market in the second half following a GST reduction.Maruti Suzuki India on Tuesday reported record quarterly revenue in the fourth quarter of fiscal year ending March 31, 2026, while profit declined year-on-year due to mark-to-market impact.
The company posted net sales of ₹50,078.7 crore in the fourth quarter, compared with ₹38,839.1 crore in the same period last year. The carmaker’s net profit stood at ₹3,590.5 crore, down 6.9 per cent year-on-year compared with ₹3,857 crore in the year-ago period.
Operating profit (EBIT) rose 30.4 per cent to ₹4,409.2 crore during the quarter.
Volume growth and capacity constraints
The company recorded its highest-ever quarterly total sales of 676,209 units in Q4 FY26, an increase of 11.8 per cent over the year-ago period. On the other hand, domestic sales stood at 538,994 units, while exports reached 137,215 units.
For the full year, the company reported total sales of 2,422,713 units, comprising domestic sales of 1,974,939 units and exports of 447,774 units. This compares with total sales of 2,234,266 units in FY2024-25.
The company said sales were “restricted by a limitation in the production capacity as evidenced by about 190,000 pending customer orders at year end,” including nearly 130,000 orders in the small car segment. Dealer inventory remained at around 12 days’ stock.
Full-year financials
For FY2025-26, Maruti Suzuki reported net sales of ₹174,369.5 crore, a growth of 20.2 per cent over the previous year. Net profit for the year stood at ₹14,445.4 crore, compared to ₹14,297.6 crore in FY2024-25.
The company said performance during the year was supported by growth in the domestic market in the second half following a GST reduction.
Maruti Suzuki also remained the top exporter for the fifth consecutive year, contributing 49 per cent of total passenger vehicle exports from India. The company said exports of its battery electric vehicle, e Vitara, reached 44 countries.
The board recommended a dividend of ₹140 per share for FY2025-26, compared to ₹135 per share in the previous year.
