Maruti Suzuki India

Maruti Suzuki reported a record Q4 with net sales of ₹50,010 croreCurrent reported value: ₹50,010 crore. No comparable prior figure is available in the source record. (+28.5Current reported value: 28.5. No comparable prior figure is available in the source record.% YoY) and EBITDA of ₹4,400 croreCurrent reported value: ₹4,400 crore. No comparable prior figure is available in the source record. (+30.4% YoY), driven by a sharp recovery in small car demand post-GST reform and strong export growth. PAT declined 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 company guided for ~10% volume growth in FY27, supported by capacity additions of 500,000 units (Koda phase 2 commissioned, Gujarat line 4 coming). Management expressed confidence in margin trajectory despite commodity headwinds, citing multiple levers. Key risk: sustained geopolitical tensions could keep commodity/energy costs elevated, delaying margin expansion.