Maruti Suzuki Q1 Profit Falls Due to Higher Raw Material Costs
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Insights by Echo AI
Maruti Suzuki's net profit for the first quarter (Q1) of FY27 fell due to an increase in raw material costs. Despite the decline in profit, revenue grew by 36%. The company's consolidated total revenue from operations rose by 36% year-on-year (YoY) to ₹52,468.9 crore. Unit sales also saw a strong increase, reaching a record 682,724 cars. The company approved four compressed bio-gas projects with a budget of ₹561 crore.
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