Maruti Suzuki Shares Dip 3.5% After Q3 Earnings, Despite Sales Growth
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News18•29-01-2026, 10:15
Maruti Suzuki Shares Dip 3.5% After Q3 Earnings, Despite Sales Growth
- •Maruti Suzuki India's shares fell 3.5% on Thursday following its December quarter earnings report.
- •The consolidated net profit for Q3 FY26 increased by 4% to Rs 3,879 crore, compared to Rs 3,727 crore in the previous year.
- •A one-time provision of Rs 594 crore due to new Labour Codes impacted the net profit.
- •Total revenue from operations surged to Rs 49,904 crore from Rs 38,764 crore year-on-year.
- •The company recorded its highest-ever quarterly domestic sales of 564,669 units, a significant increase from the previous year.
Why It Matters: Maruti Suzuki shares declined despite profit and sales growth, impacted by a one-time labor code provision.
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