Maruti Suzuki India reported standalone revenue from operations of ₹53,340.2 crore for the quarter ended 30 September 2026, up from ₹42,332.3 crore a year earlier. Reported profit for the period fell to ₹2,414.9 crore from ₹3,302.8 crore. The board approved the unaudited results on 27 October, with a limited review rather than a full audit.
The comparison must use the same basis
The revenue increase is 26.0%, calculated as (533402 ÷ 423323 − 1) × 100. The profit change is −26.9%, using (24149 ÷ 33028 − 1) × 100. These inputs are the filing’s original rupee-million figures; dividing by ten converts them to crore.
Standalone accounts cover the company itself. Consolidated accounts include the group entities in the reporting scope. Consolidated revenue was ₹53,355.5 crore and reported profit ₹2,466.1 crore, against ₹42,344.2 crore and ₹3,349.0 crore a year earlier. Those figures must not be substituted into the standalone growth calculation. Neither basis is an adjusted-profit measure.
Why the prior year is restated
The Suzuki Motor Gujarat amalgamation became effective on 1 December 2025, with an appointed date of 1 April 2025. Maruti restated earlier standalone comparisons to reflect it. The filing says the scheme had no impact on the consolidated statement. Use these published comparatives rather than mixing in older, unadjusted historical statements.
Monthly sales are separate context
Maruti’s 1 October sales release reports 236,013 vehicles sold in September, including 185,252 domestic units, 6,542 to other manufacturers and 44,219 exports. This monthly unit count is not quarterly revenue and does not by itself explain the profit decline.
EPS is profit per share; diluted EPS allows for potential additional shares. No share-price response, analyst-consensus comparison or new dividend was verified. Revenue growth alone does not establish better profitability.
| Measure and basis | Q2 FY27 | Q2 FY26 | Primary source |
|---|---|---|---|
| Standalone operations revenue | ₹53,340.2 crore | ₹42,332.3 crore | Signed filing, PDF p2 |
| Standalone reported profit | ₹2,414.9 crore | ₹3,302.8 crore | Signed filing, PDF p2 |
| Standalone basic/diluted EPS, not annualised | ₹76.81 | ₹105.05 | Signed filing, PDF p2 |
| Consolidated operations revenue | ₹53,355.5 crore | ₹42,344.2 crore | Signed filing, PDF p6 |
| Consolidated reported profit | ₹2,466.1 crore | ₹3,349.0 crore | Signed filing, PDF p6 |
Quarter ended 30 September 2026; rupees in crore except EPS. Original filing unit: INR million. Standalone restatement: PDF p5; consolidated scheme note: p9. BSE-filed results observed 2026-10-27T14:32:50.400Z (20:02:50 IST); issuer monthly sales release observed 2026-10-27T14:46:07.359Z (20:16:07 IST). The monthly release is context, not independent corroboration of the quarterly figures.
AI-assisted reporting checked against the linked official documents; not independent human editorial approval. Publisher-designated author: Tatai. Information only, not investment advice.
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