Maruti Suzuki saw record domestic and total car sales in Q3 FY26, led by small cars benefiting from GST reforms. Profit rose 4% despite a one-time labour cost, and exports also reached a new high.
Maruti Suzuki Posts Record Sales & Profit in Q3 FY26
New Delhi: Maruti Suzuki earned ₹3,879 crore profit this quarter, 4% higher than last year, even after spending ₹594 crore once because of new labour rules.
Maruti Suzuki India reported a 4% increase in consolidated net profit for the December quarter of FY26, reaching ₹3,879 crore. The growth was slightly affected by a one-time ₹594 crore provision due to the new Labour Codes. Last year’s net profit for the same quarter was ₹3,727 crore.
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The company’s total revenue rose to ₹49,904 crore, up from ₹38,764 crore in Q3 of the previous fiscal year, reflecting strong market recovery after the GST reforms. On a standalone basis, net sales reached ₹47,534 crore, a record for the company.
Maruti achieved its highest-ever quarterly domestic sales of 5,64,669 units, an increase of 97,676 units compared to Q3 last year. The small car segment, benefiting from the 18% GST bracket, contributed 68,328 units of this increase.
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The company recorded total sales of 6,67,769 units, including 1,03,100 units exported. Over the nine months (April-December FY26), total sales reached 17,46,504 units, with 14,35,945 domestic sales and 3,10,559 exports — all record figures for the company.
Although profits grew, a one-time provision of ₹5,939 million was made due to the New Labour Codes, slightly reducing net profitability. Despite this, both standalone and consolidated profits achieved record levels for the quarter and nine-month period.
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Shares of Maruti Suzuki were trading 1.69% lower at ₹14,983.2 per share on BSE following the announcement.
