Maruti Suzuki to hike prices of all vehicles by up to 4%; shares gain 1%

“While the company continuously strives to optimise costs and minimise the impact on its customers, some portion of the increased cost may need to be passed on to the market,” Maruti said in an exchange filing on Monday.

At 10:20 AM, shares of Maruti were trading 0.59% higher at ₹11,582.30 on the National Stock Exchange. Its market capitalisation stood at ₹3.64 lakh crore.

The scrip has lost almost 9.3% over the last six months. However, year-to-date, the stock gained 3.22%.

In February, Maruti Suzuki India reported total sales of 199,400 units, increasing marginally on a year-on-year basis from 197,471 units. Its total domestic passenger vehicle sales for February 2025 were at 160,791 units, while utility vehicle sales were at 65,033 units.

Maruti’s compact car sales (including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR) increased to 72,942 units in February. However, exports decreased to 25,021 units in February 2025 as compared to 28,927 units in February 2024.

For the December quarter, Maruti Suzuki India had posted a 12.61% increase in its standalone net profit to ₹3,525 crore in the third quarter of the current financial year. In the year-ago period, the net profit was ₹3,130 crore.

Revenue from operations advanced 15.5% to ₹38,492.1 crore in the quarter ended December 2024, compared to ₹33,308.7 crore in the corresponding period last fiscal.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 14.4% to ₹4,470.3 crore in Q3 FY25, compared to ₹3,907.9 crore a year back. The EBITDA margin was at 11.6% vs. 11.7% a year back.

In the nine-month period of FY25, the company sold a total of 1,629,631 units during the period, a growth of 5% over 9MFY2023-24. Sales in the domestic market stood at 1,382,135 units and exports at 247,496 units.