MARUTI SUZUKI INDIA LTD. Quarterly Results (MARUTI) — Q1 FY27

Revenue trend and demand read-through

Topline for Q1 FY27 came in at ₹51,708 cr against ₹37,989 cr in Q1 FY26, and ₹51,568 cr in the preceding Q4 FY26 quarter.

On a sequential basis revenue grew +0.3%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.

Total expenses for the quarter were ₹49,175 cr, or 95.1% of revenue, with operating profit declined -17.4% year on year.

Margins, tax and profitability

Net profit of ₹3,447 cr works out to a net margin of 6.7% compared with 10.0% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.

Below the operating line, MARUTI SUZUKI INDIA LTD. reported profit before tax of ₹4,441 cr, a tax charge of ₹994 cr (effective rate 22.4%), interest cost of ₹63.5 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.

Sequentially, net profit moved from ₹3,659 cr in Q4 FY26 to ₹3,447 cr in Q1 FY27, a change of -5.8%.

Trailing twelve months and annual context

Across the trailing four quarters MARUTI SUZUKI INDIA LTD. has generated revenue of ₹1,88,802 cr and net profit of ₹14,777 cr, a trailing net margin of 7.8%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.

On a full-year basis, FY26 revenue was ₹1,77,094 cr with net profit of ₹14,680 cr and EPS of ₹466.90, versus the prior year where revenue grew +20.1% and profit grew +1.2%.

What to watch in the next MARUTI quarter

For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.

MARUTI SUZUKI INDIA LTD. has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.

All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.