Rahul Bharti
Chief Investor Relations Officer
Promise Delivery Record
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q4 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q4 FY26Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Maruti Suzuki · Q3 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q2 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q3 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q3 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q3 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Maruti Suzuki · Q2 FY24Notable Quotes
The recent GST reduction is seen as a transformative factor for the passenger vehicle sector in India. By lowering taxes, the reform has enhanced affordability, making passenger vehicles accessible to a broader segment of customers.
Increasing production capacity by about half a million units in a single year, is virtually unheard of in the passenger vehicle industry, at least in India and many countries abroad.
If you ask me to predict the war, I can predict the exports number.
Increasing production capacity by about 500,000 units in a single year is virtually unheard of in the passenger vehicle industry, at least in India and many countries abroad.
Your company, just one company, among 18 car manufacturers in India, alone contributed 49% share of India's total passenger vehicle exports in the financial year.
It is a very clear signal that the government's intended support to the first time buyers is showing results.
We are happy that after a long time, the growth in passenger vehicle industry has bounced back after the government's historic GST reform.
We have a happy problem of meeting the market demand.
The query remains in our mind: what is the sustainable level of demand after the euphoria is over?
What is good for India is good for Maruti, and what is good for Maruti is good for India.
We should be exceeding our guidance of 400,000 units this year. In the first half, we've done more than 200,000 units. That gives us some confidence.
Getting to 50% would be probably more difficult than it has ever been in the past. Having said that, we have levers available.