Maruti Suzuki India launches India’s first flex-fuel car; shares close flat

The stock surged as much as 1.7% to hit an intraday high of ₹13,264 per equity share on the National Stock Exchange (NSE). It closed flat at ₹13,044 per unit on Thursday.

The share has declined 2% in the past week and 3% over the month. On a year-to-date basis, it has fallen 21%.

While the scrip hit a 52-week high of ₹17,370 apiece on January 5, 2026, it touched a year’s low of ₹12,016 on June 5, 2025.

According to a regulatory filing, Maruti Suzuki is introducing flex-fuel technology in the Wagon R, a brand which, it said, has “long pioneered alternate fuel vehicles in India, including CNG and LPG”.

“With the launch of India’s first flex-fuel car, Maruti Suzuki brings innovation aligned with national energy security and sustainability goals. In addition to a significant reduction in oil imports, flex-fuel vehicles can also help to boost farmer income,” the car maker said.

A flex-fuel car gives the flexibility to customers to run on any blend of ethanol and petrol from E20 to E100.

The flex fuel car was launched in New Delhi in the presence of the Minister of Road Transport and Highways, Nitin Gadkari, and the Minister of Petroleum and Natural Gas, Hardeep Singh Puri.

Commenting on the development, Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Limited, said: “At Maruti Suzuki, we are committed to offer cars with multiple technologies and fuels. The Company is introducing BEVs, Hybrids, CNG/CBG and ethanol flex-fuel vehicles to meet India’s twin goals of reducing oil import and carbon emissions. The ecosystem for ethanol as a fuel in India is in its early stages, and as a market leader, we think it is our responsibility to contribute to make `India Go Flex’.”

He further added that once it reaches mainstream adoption, flex-fuel Vehicles have the potential to cut oil imports, carbon emissions, and local air pollution while enhancing domestic value addition and farmer incomes.

Maruti Suzuki May sales

The company reported its highest-ever monthly sales in May, with domestic sales of 193,535 units in May 2026, compared to 138,690 units in the year-ago month. The company's total passenger vehicle sales in May stood at 190,337 units as against 135,962 units in the same month last year, excluding commercial vehicles.

The impressive show by Maruti Suzuki could be due to the impending price hike by up to ₹30,000 announced by the automaker from June 2026.

Q4 results

The auto manufacturer’s net profit declined 7% year-on-year (YoY) to ₹3,591 crore in the January-March quarter of the 2025-26 financial year (Q4 FY26), marking a decline of 7% from ₹3,857 crore in the same period last financial year.

However, its revenue from operations rose 28% YoY to ₹52,449 crore in the fourth quarter of FY26, compared with ₹40,910 crore in the March quarter of the 2024-25 fiscal year.

Maruti Suzuki India has a total market capitalisation of ₹4.11 lakh crore as of June 4, 2026, according to data on the NSE.