Maruti Suzuki India Limited has reported a steady performance for the first quarter of FY 2025-26 with exports cushioning the impact of weak domestic demand. The company sold a total of 527,861 vehicles during April to June 2025, up 1.1% year-on-year, with domestic sales of 430,889 units and exports of 96,972 units. A 4.5% decline in domestic volumes was counterbalanced by a strong 37.4% growth in overseas shipments pointing towards the growing importance of exports in Maruti Suzuki’s business mix.
Net sales for the quarter rose to INR 36,624.7 crore, compared to INR 33,875.3 crore in the same period last year, driven by the higher contribution from exports and a slight improvement in product mix. Net profit came in at INR 3,711.7 crore, marking a marginal increase of 1.7% over INR 3,649.9 crore recorded in Q1 FY 2024-25. This modest growth reflects the pressure of a sluggish domestic market, which has faced challenges from muted consumer sentiment and delayed buying in the entry-level segment.
The company’s financial results show that its strategy to expand exports is helping balance out the domestic softness. With 96,972 units shipped abroad in the quarter, Maruti Suzuki continues to strengthen its global footprint, particularly in markets where small and compact vehicles remain in demand. The performance also signals that the automaker is relying on a more diversified sales mix to sustain growth in a challenging macroeconomic environment.
While the quarter’s results demonstrate resilience, the slight increase in profitability underlines the cost pressures facing the industry including input costs and regulatory compliance expenses. Maruti Suzuki’s ability to manage volumes through export-led growth will remain a key factor in its near-term performance, especially if domestic demand recovery continues to be gradual.
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