Maruti Suzuki India LimitedQ1 FY27 Results & Financial Update
Maruti Suzuki India Limited: Q1 FY27 standalone results and company financials – revenue ₹49,959.10 Cr, PAT ₹3,352.10 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceReported figures and period changes.Changes compare like-for-like reported periods where available.
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Quarterly Results AnalysisExplore Maruti Suzuki India Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
Q1 FY27 net sales jumped 36.4% YoY to ₹49,959.1 crore, helped by a 29.3% increase in total sales volume.
Net profit, however, fell 10.8% YoY to ₹3,352.1 crore as the company said material costs increased. The divergence between sales growth and profit decline is the central feature of the quarter.
01 · Business model
What does Maruti Suzuki India do?
Maruti Suzuki is India’s largest passenger-vehicle manufacturer by volume, selling small cars, utility vehicles and exports from its Indian manufacturing network.
Vehicle volume, product mix and raw-material costs can move profits differently from sales — and Q1 FY27 is a very clear example.
02 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q1 FY27 | Year-ago |
|---|---|---|
| Net sales | ₹49,959.10 Cr | ₹36,620.60 Cr |
| Net profit | ₹3,352.10 Cr | ₹3,758.10 Cr |
Financial interpretation
What the reported numbers mean
Profit after tax represented 6.7% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Total sales volume grew 29.3% YoY.
Domestic small-car sales grew 34.1% and SUV sales 44.6%.
04 · Key Q&A
The quarter, answered directly
What does Maruti Suzuki India do?
Maruti Suzuki is India’s largest passenger-vehicle manufacturer by volume, selling small cars, utility vehicles and exports from its Indian manufacturing network.
What is the clearest takeaway from Q1 FY27?
Q1 FY27 net sales jumped 36.4% YoY to ₹49,959.1 crore, helped by a 29.3% increase in total sales volume.
What drove revenue or demand?
Total sales volume grew 29.3% YoY.
What should the next disclosure help confirm?
Whether material-cost pressure eases or persists.
05 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario net profit₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
06 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Whether material-cost pressure eases or persists.
- 02
Volume growth after the Kharkhoda capacity addition.
- 03
Product mix and the relationship between sales growth and profit conversion.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.