macro

Maruti Suzuki Q2 profit falls 26.9% even as October sales hit a record

Maruti Suzuki's Q2 net profit fell 26.9% and EBITDA dropped 6.3%, while October sales rose 25%. West Asia shipping problems are straining export routes.

the same feed is available to bots and dashboards through the api. connect the api →

what happened

According to TradingView, Maruti Suzuki's net profit for the second quarter came in at 2,415 crore rupees, down 26.9% from a year earlier. EBITDA fell 6.3% to 4,763 crore rupees, and its margin narrowed to 9% from 12%.

Meanwhile, the carmaker sold a record 276,120 units in October, up 25% from 220,000 a year earlier. The company credits strong festive-season demand for the jump.

Export logistics are getting harder, the same source says. Shipping disruptions in West Asia are worsening, and alternative routes are under strain. Maruti is looking for new sales channels and is pushing electric vehicle exports, including the e-Vitara, to Europe and Japan.

why it matters

A profit decline alongside rising sales suggests pressure is coming from costs and revenue mix rather than weak demand. For India's auto sector and the Nifty Auto index, it signals that higher volumes are not yet turning into earnings. Expanding into developed markets could partly offset soft domestic demand, but logistics risks remain.

market impact

Maruti Suzuki: lower profit and thinner margin weigh on the stock and the auto sector

  • MARUTI pressure down — lower quarterly profit and narrower margin weigh on the shares

tags

instruments

MARUTINifty AutoNifty 50

sources

  1. Key facts: MARUTI Q2 profit -26.9%; Oct sales +25%; West Asia shipping — TradingView, 2 November 2026 at 02:00 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗