Maruti Suzuki India has started FY25 with a bang, posting a standalone net profit of ₹3,712 crore in the first quarter, mainly from a strong jump in exports. All of this has come against the backdrop of domestic headwinds, the carmaker's long-term focus on global markets was able to balance out the performance.
Strong Export Growth Offsets Domestic Dip
In Q1 (April–June 2025), Maruti Suzuki reported a 2% increase in standalone profit, rising from ₹3,650 crore in the same period last year to ₹3,712 crore.
- Total vehicles sold: 5,27,861 units
- Domestic sales: 4,30,889 units (down 4.5%)
- Exports: 96,972 units (up 37.4%)
- Overall volume growth: 1.1% YoY
The consolidated net profit stood at ₹3,792 crore, slightly up from ₹3,760 crore in Q1 FY24. This marginal growth reflects the company's resilience amid sluggish domestic demand.
Revenue and Income Climb
The company also reported a rise in both revenue and income:
- Total income: ₹40,493 crore (up from ₹36,840 crore YoY)
- Net sales: ₹36,625 crore (up from ₹33,875 crore YoY)
Popular models like Swift, Dzire, and Baleno continued to be in focus, but domestic consumer sentiment remained tepid.
Market Response and Outlook
Shares of Maruti Suzuki ended the day marginally higher at ₹12,634.45 on the BSE, indicating investor confidence in the company's long-term strategy.
Conclusion
However, while the growth in domestic sales was slowing, Maruti Suzuki's aggressiveness in global markets was definitely on display. The Q1 numbers clearly demonstrate the need for diverging sources of revenue through exports in a climate of economic uncertainty. With international demand remaining strong, Maruti appears to be positioned to maintain that momentum going into the next quarters.
