Maruti Suzuki Q2 Results FY26: Net Profit Rose by 7%, Sales up 13%

Maruti Suzuki Q2 results 2025 declared that the net profit increased by 7.3% on a year-on-year basis to ₹3,293 crores. On the Maruti Suzuki Q2 results date, i.e., on Oct 31, 2025, Maruti Suzuki share price closed with a fall of 0.12% at ₹16,186.

In this blog, we’ll deep dive into the Maruti Suzuki India Q2 results, including its revenue, sales volume, and export strength.

Maruti Suzuki Q2 Results 2025: Revenue and Margins

• As per the Maruti Suzuki Q2 earnings release, the company’s net sales were ₹40,136 crores in Q2 FY26 with a growth of 12.8% on a year-on-year basis.
• The margins remained in the moderate range and fell slightly by 1% to 2%, due to commodity price fluctuations, high sales promotion expenses, new plant set-up related expenses in Kharkhoda, and lower non-operating income.
• The sales volume increased from 5,41,550 units in Q2 FY25 to 5,50,874 units in Q2 FY26. With GST rate cuts and festive push, this number is expected to rise further in the next quarter.

Particulars (in ₹ Cr)	Q2 FY26	Q2 FY25	YoY Change
Net Sales	40,136	35,589	12.8%
Operating EBIT	3,395	3,666	-7.4%
PBT	4,251	5,101	-16.7%
PAT	3,293	3,069	7.3%
Operating EBIT Margin	8.5%	10.3%	-1.8%
Profit Margin	8.2%	8.6%	-0.4%
Sales Volume (units)	5,50,874	5,41,550	9,324

Maruti Suzuki Q2 Results 2025: Domestic Sales and Exports

• In the Maruti Suzuki Q2 results FY26, domestic wholesales fell by 5.1% YoY to 4,40,387 units during the quarter. This was due to customers postponing purchases, anticipating price cuts following the GST revision from September 22.
• Exports surged 42.2% to a record 1,10,487 units in Q2 FY26, marking the company’s best-ever quarterly performance in overseas markets.
• As a result, the overall sales volume for the quarter registered a modest 1.7% increase, reaching 5,50,874 units in the second quarter of FY26.

Maruti Suzuki Q2 Results 2025: First Half Performance

• The company recorded total sales of 10,78,735 units during the period, which included 8,71,276 units sold domestically and a record half-yearly export volume of 2,07,459 units.
• In H1 FY26, Maruti Suzuki India’s total sales volumes rose by 1.4% year-on-year, led by a strong 39.9% growth in exports.
• It also reported its highest-ever half-yearly net sales of ₹76,761 crores, up 10.5% from ₹69,464 crores in the same period last year.
• In the H1 FY2025-26, net profit stood at ₹7,005 crores compared with ₹6,719 crores in H1 FY2024-25, a growth of over 4%.

Conclusion

Following the GST rate reduction and record festive season sales, Maruti Suzuki India appears to be among the key beneficiaries of this positive momentum. The impact is likely to reflect in the second-half performance, with improved sales volumes across small car segments and higher consumer demand.

So, open free Demat Account today with SMC Global Securities to invest in India’s growth story and keep tracking the quarterly results.

Author: All Content is verified by SMC Global Securities.