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Maruti Suzuki India vs Redington Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

MA

Maruti Suzuki India

Maruti Suzuki reported a record Q4 with net sales of ₹50,010 crore (+28.5% YoY) and EBITDA of ₹4,400 crore (+30.4% YoY), driven by a sharp recovery in small car demand post-GST reform and strong export growth.

Redington

Redington delivered its best quarter ever with revenue of ₹33,269 crore (+25% YoY) and PAT (ex-exceptionals) of ₹467 crore (1.4% margin).

Result Snapshot

Revenue₹52,462 Cr₹33,213 Cr
PAT₹3,659 Cr₹288 Cr
EBITDA Margin12%2%
Sentimentbullishbullish

Key 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.
Rahul Bharti · Chief Investor Relations Officer
This has been our best quarter so far from both revenue and profit perspective.
VS Hariharan · MD and Group CEO