MARUTI

Maruti Suzuki will remain in focus on August 3 after the country's largest carmaker reported a 33.7% year-on-year increase in total sales to 2.41 lakh units in July, compared with 1.81 lakh units in the corresponding month last year. The growth was primarily driven by strong domestic demand, with passenger vehicle (PV) sales surging 42.1% year-on-year to a record 2,00,123 units, up from 1,48,781 units a year earlier. However, exports declined 5.3% year-on-year to 30,056 units from 31,745 units in July last year. Despite the robust sales performance, the company reported an 11% year-on-year decline in net profit to Rs 3,352 crore for the quarter ended July 31, 2026. Revenue increased 36% to Rs 52,456 crore, while expenses rose at a faster pace of 40.5% to Rs 49,988 crore, weighing on profitability. Analysts remain optimistic about the company's outlook, citing healthy demand and expecting domestic volumes to grow around 10% in FY27. The growth is likely to be supported by easing supply constraints and Maruti Suzuki reaching full production capacity over the next four to five months.