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Maruti Suzuki shares jump 5% as Q4 revenue crosses ₹52,000cr
29 Apr 2026

Maruti Suzuki India's shares jumped over 5% on Wednesday, recovering from yesterday's loss. The rise comes after the automaker posted a mixed financial performance for the fourth quarter (Q4).

Earlier today, Maruti Suzuki shares rose to a peak of ₹13,548, up 5.1%. Yesterday, the stock closed at ₹12,890, down 2.5%.

Nifty Auto surges; Tata Motors, Eicher Motors among top gainers
Market impact

The surge in Maruti Suzuki shares has also boosted the Nifty Auto index by 2.6%, making it the top sectoral gainer on NSE.

Other major auto stocks like Tata Motors Passenger Vehicles, Eicher Motors, and Mahindra & Mahindra have also seen gains of 2.5-3.5% each.

This shows a positive ripple effect across the entire automobile sector following Maruti Suzuki's financial results for Q4.

Maruti Suzuki's Q4 financial performance
Financial results

In its Q4 financial results, Maruti Suzuki reported a 6.5% year-on-year decline in consolidated net profit to ₹3,659 crore. This was despite a revenue increase of 28.2% to ₹52,462.5 crore.

The earnings were impacted by rising raw material costs and lower other income, offsetting strong volume growth.

On a standalone basis, net profit fell 7%, while margins remained largely flat at 11.7%.

Highest-ever quarterly sales volume and record exports for Maruti Suzuki
Operational highlights

Despite the financial challenges, Maruti Suzuki reported its highest-ever quarterly sales volume with record exports. Net sales crossed the ₹50,000 crore mark for the first time.

Brokerages have given a mixed response to these results. HSBC maintained a 'buy' rating on Maruti Suzuki India stock with a target price of ₹15,000 while Jefferies maintained a 'hold' rating but flagged concerns over market share erosion amid SUV demand shift.