Established in: 1981
Managing Director and CEO: Hisashi Takeuchi
Maruti Suzuki India is the largest passenger car manufacturer in the country. It is a household brand in mobility, known for its reliable, fuel-efficient, and affordable cars.
From entry-level hatchbacks to sedans and compact SUVs, Maruti Suzuki offers vehicles that cater to diverse Indian needs. With a strong dealer network and focus on innovation, it continues to shape India’s automobile industry.
Maruti Suzuki’s service infrastructure includes 781 vehicles designated for quick service, 348 mobile workshops and a vast network of 4,564 touch points spread across 2,304 cities.
History of Maruti Suzuki India Limited
Maruti Suzuki’s story began in1981, when the government of India set up Maruti Udyog Limited to make cars affordable for the common man. The biggest turning point came when Japan’s Suzuki Motor Corporation joined Maruti as a partner. This strategic partnership with Suzuki went through a license and a joint venture agreement.
Initially, the government owned the majority stake, but Suzuki Motor bought the stake from the government and made Maruti Suzuki India a subsidiary company.
In 1983, Maruti Suzuki rolled out the iconic Maruti 800, which was a huge success and drove sales. Over the years, Maruti Suzuki introduced popular models like the Swift, Alto, Baleno, Brezza, Gimmy and Grand Vitara. These car models are built mainly for the Indian roads
In 2007, the company was renamed to Maruti Suzuki India Limited, marking its evolution into a modern customer-focused auto giant.
Maruti Suzuki India Limited Business Segments
The business segment of Maruti Suzuki is divided into five segments.
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Passenger Vehicles: In this segment, the company designs, manufactures and sell wide range of cars from entry-level hatchbacks like Alto to popular models like Swift, Baleno, Dzire, Brezza, maily build for Indian roads.
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Compact SUVs and Utility Vehicles: To fulfil the rising SUV demand, the company is also focusing on the compact SUV segment. These SUVs are stylish, high-mileage and practical for everyday use.
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Sales and Distribution Network: Maruti had India’s largest dealership and service networks. The company ensures easy access to sales, servicing and spare parts across the urban and rural markets.
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After-Sales Services and Spare Parts: Maruti earns consistent revenue from maintenance services, selling spare parts, and extended warranty offerings.
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Exports: The company also exports cars into the global market, making India a key manufacturing hub for Suzuki worldwide.
Maruti Suzuki India Future Outlook
Maruti Suzuki plans double its production capacity to 4 million units annually by 2031, through significant expansion in new plants.
The company plans to launch the e-Vitara SUV domestically by early 2026, with exports already underway. Maruti plans to launch a total of 4 passenger EVs and 2 commercial EVs by 2030.
Maruti Suzuki India Financial Performance (FY25 vs FY24)
Revenue: Maruti Suzuki India reported a consolidated revenue of ₹1,57,935.20 crore in FY25 vs ₹1,45,951.70 crore in FY24. It showed an increase of 8.21% on a yearly basis, reflecting decent growth.
Operating Profit: The company reported an operating profit of ₹19,620 crore in FY25 vs ₹17,424.50 crore in FY24. It showed an increase of 12.60% on a year-on-year basis, indicating that the company's operating profit is growing well.
Net Profit: Maruti Suzuki India reported a net profit of ₹14,500.20 crore in FY25 compared to ₹13,488.20 crore in FY24. It showed an increase of 7.50% on a yearly basis, indicating an improvement in overall performance.
Maruti Suzuki India Q3 FY26 Results
In Q3 FY26, Maruti Suzuki reported a net profit of ₹3,794 crore compared to ₹3,659 crore in Q3 FY25, up by 3.7% on a YoY basis. In the last quarter, Maruti Suzuki’s net profit was ₹3,349 crore. Therefore, on a quarter-on-quarter (QoQ) basis, net profit rose by 13.28%.
During the quarter, Maruti Suzuki recorded a strong revenue of ₹49,892 crore vs ₹38,752 crore in Q3 FY25. It reflects a revenue growth of 28.7%% on a YoY basis. In Q2 FY26, the revenue was ₹42,344 crore. Therefore, on a quarter-on-quarter (QoQ) basis, it witnessed a revenue growth of 17.82%.
Maruti Suzuki’s EBITDA rose by 10% at ₹5,572 crore compared to ₹5,065 crore in Q3 FY25. The EBITDA margin dropped to 11.2%, compared with 13.1% in the same period last year.
Maruti Suzuki Financial Highlights
- Revenue: Maruti Suzuki reported revenue of ₹1,87,673.20 crore in FY26 vs ₹1,57,935.20 crore in FY25. It showed an increase of 18.83% on a yearly basis.
- Operating Profit: Maruti Suzuki reported an operating profit of ₹19,118.50 crore in FY26 vs ₹19,620.00 crore in FY25. It showed a decrease of 2.56% on a year-on-year basis.
- Net Profit: Maruti Suzuki reported a net profit of ₹14,679.50 crore in FY26 vs ₹14,500.20 crore in FY25. It showed an increase of 1.24% on a yearly basis.
Maruti Suzuki Quarterly Result Highlights
- Maruti Suzuki reported revenue of ₹52,946.40 crore in Mar 2026, compared with ₹50,959.20 crore in Dec 2025, representing an increase of 3.90% on a quarter-on-quarter (QoQ) basis.
- Maruti Suzuki reported an operating profit of ₹4,918.40 crore in Mar 2026, compared with ₹4,917.30 crore in Dec 2025, representing an increase of 0.02% on a quarter-on-quarter (QoQ) basis.
- Maruti Suzuki reported a profit of ₹3,659.00 crore in Mar 2026, compared with ₹3,879.10 crore in Dec 2025, reflecting a decrease of 5.67% on a QoQ basis.
- The earnings per share (EPS) of Maruti Suzuki stood at ₹461.20 during Mar 2026.
