Maruti Suzuki India Ltd. (MARUTI) results explained: sales up 26%

Quantooo Lab · 2026-10-27

What happened?

Maruti Suzuki India Ltd. (MARUTI) reported results on 27 Oct, covering the 3 months to 30 Sep.

The numbers in plain words

Sales were up 26.0% compared with the same period a year earlier. Out of every 100 of sales, about 6 was left as profit before tax (pre-tax margin 5.9%), lower than a year earlier (10.1%). The company is funded more by borrowing than a year ago (30% of assets vs 28%).

Source: the company's NSE results (nse ixbrl) filed 2026-10-27.

How did the share price react?

Since the results, the share price has moved +1.58% (to the close of 30 Oct), while the Nifty 50 moved +1.32%.

What changed in our score?

Our score went from 32 to 32 out of 100; the fundamentals part went from 46 to 41. Every step of the calculation: MARUTI stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be bumpier than usual for MARUTI (22% a year vs a normal 21%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.