Quarterly Performance (Q2 FY 2026-27)

Sales Volume:

  • Achieved highest-ever quarterly total sales volume of 696,654 units
  • Growth of 26.5% over Q2 FY 2025-26
  • Domestic passenger vehicle growth was broad-based:
  • Small car sales increased by 35.9%
  • SUV sales increased by 68.2%
  • Domestic market share increased by 2.2 percentage points to 40.8%
  • Network inventory remained low at about 17 days
  • Pending bookings of about 200,000 units at quarter end
  • Export sales of 108,119 units (compared to 110,487 units in Q2 FY25-26)

Financial Performance:

  • Highest-ever Net Sales of INR 506,155 million (vs. INR 401,358 million in Q2 FY25-26)
  • Operating Profit (EBIT) of INR 28,037 million (vs. INR 33,820 million in Q2 FY25-26)
  • Sequential EBIT growth of 10.8% from Q1 FY26-27 to Q2 FY26-27
  • Sharp decline in non-operating income due to mark-to-market losses on invested surplus
  • Net Profit of INR 24,149 million (vs. INR 33,028 million in Q2 FY25-26)

Performance Drivers & Challenges:

  • Recent capacity additions enabled serving strong demand
  • Demand continued to outpace supply despite enhanced production capacity
  • Operating profit decline attributed to West-Asia conflict linked commodity increases
  • Challenging geopolitical situation in export markets

Half-Yearly Performance (H1 FY 2026-27)

Sales Volume:

  • Highest-ever half-yearly sales volume of 1,379,378 units
  • Growth of 27.9% year-on-year
  • Record domestic sales of 1,146,523 units
  • Exports of 232,855 units

Financial Performance:

  • Highest-ever half-yearly Net Sales of INR 1,005,746 million (vs. INR 767,564 million in H1 FY 2025-26)
  • Net Profit of INR 57,670 million (vs. INR 70,609 million in H1 FY 2025-26)

Strategic Initiative: Osamu Suzuki Centre of Excellence

  • Board approved incorporation of a Section 8 company for setting up the Osamu Suzuki Centre of Excellence
  • Initiative honors Mr. Osamu Suzuki's contribution to transforming the Indian car industry over four decades
  • Centre will promote Japanese manufacturing philosophy, culture, and teachings of Mr. Osamu Suzuki
  • Focus on enhancing vocational and technical skills for advancing manufacturing excellence across India
  • Implemented as a Corporate Social Responsibility activity