Maruti

Maruti Suzuki reported a record Q4 FY26 with 676,209 unitsCurrent 676,209 units. Reported change: +11.8% YoY. sold (+11.8% YoY) and net sales of ₹50,100 croreCurrent reported value: ₹50,100 crore. No comparable prior figure is available in the source record. (+28.8Current reported value: 28.8. No comparable prior figure is available in the source record.% YoY). Operating profit (EBIT) hit an all-time high of ₹4,400 croreCurrent reported value: ₹4,400 crore. No comparable prior figure is available in the source record. (+30.4% YoY), but PAT fell 6.9% to ₹3,600 croreCurrent reported value: ₹3,600 crore. No comparable prior figure is available in the source record. due to a ₹750 crore mark-to-market hit on bond yields. The GST cut in small cars drove a sharp demand recovery, with first-time buyers rising to 51%Current 51%. Reported change: +9pp vs H1. of sales. Management guided for ~10% domestic volume growth in FY27, supported by 500,000 units of new capacity (Kharkhoda Phase II and Hansalpur Line 4). Key risks include commodity cost headwinds (~80 bps in Q4) and geopolitical uncertainty in West Asia. The company remains confident in margin recovery once temporary pressures subside.