Mumbai: Maruti Suzuki India Restricted on Thursday reported a decline in its earnings for the primary quarter (Q1) of FY26, with consolidated web revenue falling 3.03 per cent to Rs 3,792.4 crore in comparison with Rs 3,911.1 crore within the earlier quarter. Income from operations additionally dropped, falling 5.66 per cent to Rs 38,605.2 crore in Q1 from Rs 40,920.1 crore in This autumn FY25. Complete revenue for the quarter stood at Rs 40,493.4 crore, down 4.56 per cent from Rs 42,431.3 crore within the previous quarter.

Nevertheless, on a year-on-year (YoY) foundation, the nation’s largest carmaker reported a barely greater web revenue of Rs 3,792 crore for the primary quarter of FY26 than the Rs 3,760 crore recorded in the identical interval the earlier yr. The corporate’s complete revenue for April–June 2025 rose to Rs 40,493 crore from Rs 36,840 crore a yr in the past. Web gross sales additionally elevated YoY to Rs 36,625 crore from Rs 33,875 crore, as per the change submitting.

Maruti, which produces well-liked fashions such because the Swift and Dzire, stated the home passenger car trade continued to face sluggish demand within the first quarter. Home gross sales fell 4.5 per cent, however this was offset by robust export development of 37.4 per cent, resulting in an general gross sales quantity enhance of 1.1 per cent in comparison with the earlier yr.

“For the corporate, a decline in home gross sales of 4.5 per cent was compensated by a strong 37.4 per cent development in exports, leading to an general gross sales quantity enhance of 1.1 per cent for the quarter, year-on-year,” it acknowledged.

In complete, the corporate offered 527,861 automobiles through the quarter, together with 430,889 models within the home market and 96,972 models for export.

The corporate credited its export efficiency for cushioning the affect of softer home demand — serving to it preserve regular profitability regardless of trade headwinds.