Maruti Suzuki Share Price Rises Over 1% Post Q1 Results — Revenue, Profit, and Export Surge Drive Momentum

Market Performance

Maruti Suzuki share price witnessed a positive move in early morning trade on August 1, rising over 1% to touch ₹12,779 on the NSE.

• As of 9:20 AM, the stock was trading at ₹12,715, up 0.8% from the previous session’s close.
• Maruti Suzuki shares have delivered over 16% returns year-to-date, signaling sustained investor interest despite broader market volatility.

Main News

Maruti Suzuki announced its Q1 FY26 financial results on July 31, 2025, reporting modest gains across key performance indicators.

• Net profit rose 2% YoY to ₹3,712 crore, up from ₹3,650 crore in Q1 FY25.
• Revenue jumped 8% YoY, reaching ₹38,414 crore versus ₹35,531 crore in the same quarter last year.

Despite a dip in operating profitability, the company saw strong improvements in average selling prices and export performance, helping maintain positive sentiment around the stock.

Company Details

Maruti Suzuki, India’s leading passenger vehicle manufacturer, showcased a mixed but forward-leaning Q1 performance for FY26.

• While EBITDA declined 11% YoY, operational efficiency remained stable.
• Other income nearly doubled, bolstering the overall earnings figure.
• The company is banking on new SUV launches, hybrid models, and steady rural demand recovery to drive future growth.

Maruti’s export strategy continues to outperform industry trends:

• Exports surged 37.4% YoY in Q1.
• This is in stark contrast to a 2.1% decline witnessed across the broader Indian auto export sector.
• The automaker now commands a 47% share of India’s total passenger vehicle exports.

Japan emerged as Maruti’s second-largest export market, a notable shift in the company’s international sales footprint. Upcoming electric vehicle (EV) exports to Europe and Japan are expected to support this upward trend.

Financial Breakdown

Revenue

• Q1 FY26 revenue stood at ₹38,414 crore, marking an 8% increase from ₹35,531 crore in Q1 FY25.

EBITDA

• Operating profit or EBITDA showed a decline of 11% YoY, reflecting margin pressures despite better pricing.

EBITDA Margins

• Margins remained under pressure due to higher input costs, though improved average selling prices (ASPs) partially cushioned the impact.

Net Profits

• Net profit came in at ₹3,712 crore, showing a 2% YoY increase from ₹3,650 crore.

Other Income

• Non-operating income nearly doubled, contributing significantly to the bottom line.

Export Growth & Market Share

Maruti Suzuki outpaced the industry in Q1 with robust export figures:

• Export growth: +37.4% YoY
• Market share in exports: 47% of India’s total passenger vehicle exports

This surge positions Maruti as a key player in global markets, with further expansion anticipated through EV shipments to Europe and Japan.

Future Outlook & Strategic Focus

While volumes in Q1 were muted, the company remains cautiously optimistic about the rest of FY26.

Key areas of strategic focus include:

• New ICE SUV launch planned for FY26
• Expanding hybrid portfolio, including the upcoming e-Vitara
• Strengthening rural sales channels amid improved monsoon forecasts

Management Commentary

During the Q1 earnings call, Maruti Suzuki’s management acknowledged the quarter fell slightly below expectations. However, they highlighted growing optimism for the upcoming quarters, supported by:

• Better monsoon conditions
• Steady rural sentiment
• Upcoming product launches and hybrid variants

Summary of the Article

Maruti Suzuki share price rose over 1% following the release of its Q1 FY26 results, backed by:

• ₹3,712 crore net profit (2% YoY growth)
• ₹38,414 crore revenue (8% YoY growth)
• Strong export performance (+37.4% YoY), now making up 47% of India’s passenger vehicle exports
• Continued focus on EVs, hybrid launches, and rural market recovery

Despite a dip in EBITDA margins, the company remains resilient, with improved pricing and rising exports contributing to overall financial stability.