Maruti shares decline 2.5 pc after earnings announcement

Maruti Suzuki India on Tuesday reported a 6.45 per cent decline in consolidated net profit to Rs 3,659 crore for the fourth quarter ended March 31, 2026, due to mark-to-market impact despite record vehicle sales.

Shares of the country's largest carmaker Maruti Suzuki India (MSI) on Tuesday dropped 2.5 per cent after the firm reported a 6.45 per cent decline in consolidated net profit for the fourth quarter. The stock edged lower by 2.53 per cent to settle at Rs 12,891.70 on the BSE. During the day, it lost 2.98 per cent to Rs 12,831. At the NSE, the stock declined 2.49 per cent to end at Rs 12,892. Maruti Suzuki India on Tuesday reported a 6.45 per cent decline in consolidated net profit to Rs 3,659 crore for the fourth quarter ended March 31, 2026, due to mark-to-market impact despite record vehicle sales. The auto major had posted a net profit of Rs 3,911.1 crore in the same quarter of the preceding fiscal, Maruti Suzuki India said in a regulatory filing. The net profit declined primarily due to mark-to-market impact, the company said, adding that there was lower non-operating income, a notional loss due to a change in bond yields, which can be recovered at a later stage. Its total revenue from operations inched up 28.2 per cent to Rs 52,462.5 crore in the fourth quarter against Rs 40,920.1 crore in the same period of 2024-25, it added.