Maruti Suzuki India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Maruti Suzuki India Limited reported standalone total revenue of ₹1,528.68 billion for FY26, up 5.4% from ₹1,451 billion in FY25. Consolidated revenue reached ₹1,833 billion, rising about 20% year-on-year. Profit after tax on a consolidated basis was ₹146.2 billion, virtually flat compared to ₹145 billion in the prior year, as cost pressures offset revenue gains. The company declared a dividend of ₹140 per share (₹44 billion total), up from ₹135 per share in FY25. The Board also announced record date of August 7, 2026 and AGM on August 31, 2026 for dividend approval. The auditors issued an unmodified opinion with an emphasis of matter on the company's inability to estimate financial obligations under new End-of-Life Vehicle rules due to unclear implementation guidelines. A scheme of amalgamation with Suzuki Motor Gujarat (wholly-owned subsidiary) became effective December 1, 2025, with restated comparative figures.
Revenue growth was strong on a consolidated basis (near 20%), but profit growth was minimal, indicating margin pressure. The EPR uncertainty noted by auditors is a compliance risk to monitor. The dividend increase is positive for income-focused investors.