Maruti Suzuki’s standalone net profit fell 27% to ₹2,414.9 crore in July to September, even as revenue from operations rose 26% to ₹53,340 crore. Consolidated profit fell 26% to ₹2,466 crore.
Raw material and component costs rose 48% to ₹37,488 crore, which the company linked to commodity inflation from West Asia disruptions. Operating profit fell 17% to ₹2,804 crore.
The company sold 6,96,654 vehicles in the quarter, nearly 27% more than a year earlier. Utility vehicle sales rose 68% and small cars 36%. Exports fell slightly to 1,08,119 units. Maruti had about 2 lakh pending bookings at the end of September.
