New Delhi: India’s largest carmaker, Maruti Suzuki India Limited, has wrapped up FY2025–26 with a performance that reads like a greatest-hits album—record sales, record revenue, and record profits, all rolled into one.
The company reported its highest-ever total sales of 2.42 million units during the financial year, reflecting strong momentum in both domestic and international markets. Of this, nearly 1.97 million units were sold in India, while exports surged to 447,774 units—further cementing Maruti Suzuki’s position as the country’s top passenger vehicle exporter for the fifth consecutive year. In fact, the brand now contributes a staggering 49% of India’s total passenger vehicle exports, meaning that almost every second car shipped out carries the Maruti badge.
Fuelled by improved market sentiment—thanks in part to GST reductions in the latter half of the year—the company’s Net Sales jumped 20.2% year-on-year to ₹1.74 lakh crore. Net Profit also reached a new peak at ₹14,445 crore, underscoring the company’s ability to convert demand into solid bottom-line performance. Clearly, the Indian car buyer didn’t just window shop this year—they drove straight to the showroom.
Interestingly, demand may have been even stronger if supply had kept pace. Maruti Suzuki ended the year with around 190,000 pending customer orders, including nearly 130,000 in the small car segment alone. Dealer inventory, meanwhile, stood at a lean 12 days—great for efficiency, but perhaps a little nerve-wracking for impatient buyers waiting for their new ride.
The fourth quarter of FY26 was particularly noteworthy. The company recorded its highest-ever quarterly sales at 676,209 units, up 11.8% year-on-year. Net Sales for the quarter crossed the ₹50,000 crore milestone for the first time, reaching ₹50,078 crore. Operating profit (EBIT) rose sharply by 30.4% to ₹4,409 crore, although Net Profit dipped 6.9% to ₹3,590 crore due to mark-to-market impacts—proof that even record-breaking quarters can have a small accounting twist in the tale.
On the global front, Maruti Suzuki’s export story gained further traction with its first battery electric vehicle, the e VITARA, now reaching customers in 44 countries. It’s a sign that India-made EVs are quietly, but confidently, plugging into the global stage.
Adding a sweetener for shareholders, the Board has recommended its highest-ever dividend of ₹140 per share, up from ₹135 last year. Not a bad way to say “thank you” after a year of record-breaking performance.
The financial year also saw a structural shift with the amalgamation of Suzuki Motor Gujarat Private Limited into Maruti Suzuki, effective December 1, 2025. With financials restated from April 1, 2025, the integration is expected to further streamline operations and improve efficiencies going forward.
In a year where demand surged, supply stayed tight, and exports soared, Maruti Suzuki seems to have found the perfect gear. If FY26 was about breaking records, FY27 might just be about rewriting them.
