New Delhi-headquartered Maruti Suzuki India — the country’s largest carmaker — is expected to stage a mixed performance when it reports its financial results on Friday, July 31. The auto major — whose popular models include Dzire, WagonR and Ertiga — is expected to register a 9.9 per cent fall in its standalone net profit to Rs 3,345 crore for the quarter ended June 30, according to Zee Business research.
The carmaker had posted a net profit of Rs 3,712 crore for the first quarter of FY26.
Its top line is expected to grow 36.9 per cent on a year-on-year basis to Rs 52,570 crore, according to the research.
Maruti Suzuki Earnings Estimates: Mixed operational performance anticipated
Analysts expect rising input costs to eat into the company’s margin.
According to Zee Business research, Maruti Suzuki’s June-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) is estimated at Rs 5,150 crore, which translates to a 28.9 per cent rise over the year-ago period.
The carmaker’s margin — a key measure of profitability — is pegged at 9.8 per cent for the first quarter of FY27 versus 10.4 per cent a year ago.
Typically, a rising EBITDA along with a shrinking margin indicates declining operational efficiency despite expanding business scale.
Key things to track in Maruti Suzuki results
Analysts will closely track the auto giant’s take on price hikes, demand outlook and raw material costs in the upcoming results.
The Q1 FY27 results are due at a time when the company’s volume has risen 29.3 per cent to 6.82 lakh units, with a 3.0 per cent expected increase in realisation to Rs 7.53 lakh.