Maruti Suzuki India Q2 Results FY27: Profit Moves Against Revenue, Revenue Rs 53,340.20 Cr, PAT Rs 2,414.90 Cr

Maruti Suzuki India Ltd (MARUTI) Q2 Results FY27 announced on 27 October 2026, covering the company's financial performance for the July to September quarter. The results date brought standalone results with revenue of Rs 53,340.20 Cr and PAT of Rs 2,414.90 Cr. Maruti Suzuki India Q2 Results FY27 are tracked on NSE and BSE under the symbol MARUTI.

This Univest analysis of Maruti Suzuki India Q2 Results covers the financial highlights, business drivers, outlook and risks behind the numbers. The results analysis begins with the Financial Highlights table, which sets revenue, Operating Profit and net profit against the same quarter last year.

Click Here – Get Free Investment Predictions

Maruti Suzuki India Q2 Results FY27: Financial Highlights

Metric	Q2 FY27 (Sep 26)	Q2 FY26 (Sep 25)	YoY Change
Revenue	Rs 53340.2 Cr	Rs 42332.3 Cr	+26% YoY
Operating Profit	Rs 4763.3 Cr	Rs 5084.8 Cr	-6.32% YoY
Net Profit (PAT)	Rs 2414.9 Cr	Rs 3302.8 Cr	-26.88% YoY

Source: company filing for Maruti Suzuki India Q2 Results FY27, 27 October 2026. Figures in Rs Crore, Standalone basis.

Key Takeaways from Maruti Suzuki India Q2 Results: What Stands Out

• Revenue: Revenue rose to Rs 53,340.20 Cr from Rs 42,332.30 Cr a year earlier, which is YoY growth of 26.0% for the quarter.
• Net profit: Net profit fell 26.88% YoY to Rs 2,414.90 Cr, compared with Rs 3,302.80 Cr in the same quarter of the previous year.
• Operating Profit: Operating Profit eased 6.32% YoY to Rs 4,763.30 Cr from Rs 5,084.80 Cr, a smaller decline than the net profit fall.
• Margin: Maruti Suzuki India Q2 Results FY27 also show net profit margin narrowing to 4.5% from 7.8%, even though revenue has risen in each of the last four quarters.
• Next step: The performance analysis below reads the revenue and net profit figures together to explain how the standalone results fit.

Maruti Suzuki India Q2 Results FY27: Performance Analysis

Revenue climbed 26.0% YoY to Rs 53,340.20 Cr while net profit dropped 26.88% YoY to Rs 2,414.90 Cr. Maruti Suzuki India Q2 Results FY27 therefore split into a higher top line and a lower bottom line, with Operating Profit down 6.32% YoY at Rs 4,763.30 Cr.

Net profit as a share of revenue narrowed to 4.5% from 7.8% in the comparison quarter, which is the clearest arithmetic link between the two movements. This Maruti Suzuki India Q2 Results analysis reads revenue growth and profit decline together instead of in isolation, using only the reported figures.

Net profit was also down 29.9% from Rs 3,446.90 Cr in the previous quarter. The next quarterly results will show how the gap between revenue and profit develops after Maruti Suzuki India Q2 Results FY27. The results analysis moves next to the business factors listed with the data.

Check the Univest Screener for live results data

Key Business Factors This Quarter

Revenue Growth – The results analysis points to three business factors, starting with revenue growth of 26.0% YoY to Rs 53,340.20 Cr. This is the headline gain in the quarterly results and the figure that every other line is read against.

Four Quarters of Rising Revenue – Revenue has risen in each of the last 4 quarters, so the 26.0% YoY growth sits within a run of higher quarterly revenue. Maruti Suzuki India Q2 Results FY27 extend that sequence into the second quarter of FY27.

Return on Capital and Debt – Return on capital employed was 19.03% in FY26, and the company is almost debt free with a debt-to-assets ratio of 0.00 in FY26. These balance sheet figures describe the position behind the standalone results, which leads into the FY27 outlook.

FY27 Outlook After Maruti Suzuki India Q2 Results

The FY27 outlook rests on the quarters still to be reported, since full-year results depend on subsequent quarters and disclosed sector conditions. Maruti Suzuki India Q2 Results FY27 give the second data point for the year, with revenue up 26.0% YoY and net profit down 26.88% YoY.

This results analysis limits itself to what the filing shows: revenue growth of 26.0% YoY, net profit of Rs 2,414.90 Cr and Operating Profit of Rs 4,763.30 Cr. Comparing the next quarter's net profit with these figures on the Univest Screener will show whether the gap narrows, which brings the focus to the risks.

Key Risks to Watch After Maruti Suzuki India Q2 Results FY27

Net Profit Decline

Net profit fell 26.9% YoY to Rs 2,414.90 Cr even as revenue grew. Maruti Suzuki India Q2 Results FY27 therefore carry a profit decline that later quarters will need to address.

Narrower Net Profit Margin

Net profit margin narrowed to 4.5% from 7.8% in the comparison quarter. A smaller share of each rupee of revenue reached net profit, so YoY growth in revenue did not carry through to profit.

Sequential Profit Fall

Net profit was down 29.9% from Rs 3,446.90 Cr in the previous quarter. The decline therefore appears against the same quarter last year and against the quarter before it, which brings the quarterly results to the conclusion.

Download the Univest iOS App or Univest Android App to track quarterly results as they are declared.

Conclusion

The quarterly results for July to September 2026 show a clear split between sales and profit. Maruti Suzuki India Q2 Results FY27 record standalone revenue of Rs 53,340.20 Cr, up 26.0% YoY, with net profit lower at Rs 2,414.90 Cr. Readers of the standalone results should compare the next filing and consult a SEBI-registered advisor, because Maruti Suzuki India Q2 Results cover one quarter of the year.

Frequently Asked Questions on Maruti Suzuki India Q2 Results FY27

What are Maruti Suzuki India Q2 Results FY27?

Ans. Maruti Suzuki India Q2 Results FY27 cover July to September 2026 and report standalone revenue of Rs 53,340.20 Cr. Alongside this, net profit came in at Rs 2,414.90 Cr, as the Financial Highlights section shows.

What is the results date for Maruti Suzuki India Q2 Results FY27?

Ans. The results date for Maruti Suzuki India Q2 Results FY27 was 27 October 2026, when the company declared its July to September 2026 quarterly results. Alongside this, the opening section confirms the standalone results basis.

What revenue was reported in Maruti Suzuki India Q2 Results FY27?

Ans. Maruti Suzuki India reported revenue of Rs 53,340.20 Cr in Q2 FY27, compared with Rs 42,332.30 Cr a year earlier. This means revenue grew 26.0% YoY, as the Performance Analysis section explains.

What net profit was reported in Maruti Suzuki India Q2 Results FY27?

Ans. Maruti Suzuki India reported net profit of Rs 2,414.90 Cr in Q2 FY27, against Rs 3,302.80 Cr in the same quarter last year. So net profit fell 26.88% YoY, as the Key Takeaways section notes.

How much YoY growth did revenue show in Maruti Suzuki India Q2 Results FY27?

Ans. Maruti Suzuki India Q2 Results FY27 show revenue YoY growth of 26.0%, up from Rs 42,332.30 Cr to Rs 53,340.20 Cr. Compared with this, net profit moved the other way, as the Performance Analysis section covers.

Did net profit rise or fall in Maruti Suzuki India Q2 Results?

Ans. Net profit fell in Maruti Suzuki India Q2 Results, dropping 26.88% YoY to Rs 2,414.90 Cr. Alongside this, revenue rose 26.0% YoY, which the Financial Highlights table and Performance Analysis section both show.

What was the Operating Profit in Maruti Suzuki India Q2 Results FY27?

Ans. Operating Profit in Maruti Suzuki India Q2 Results FY27 was Rs 4,763.30 Cr, down 6.32% YoY from Rs 5,084.80 Cr. This means it fell by less than net profit, as the Key Takeaways section explains.

Are Maruti Suzuki India Q2 Results consolidated results or standalone results?

Ans. Maruti Suzuki India Q2 Results are reported on a standalone basis, so every figure here comes from standalone results for July to September 2026. Alongside this, the Quick Answer and opening paragraphs state the same basis.

What business factors shaped Maruti Suzuki India Q2 Results FY27?

Ans. Business factors listed for Maruti Suzuki India Q2 Results FY27 include 26.0% YoY revenue growth, four straight quarters of rising revenue and a 19.03% return on capital employed in FY26. The Key Business Factors section covers each one.

What are the key risks after Maruti Suzuki India Q2 Results FY27?

Ans. Key risks after Maruti Suzuki India Q2 Results FY27 are the 26.88% YoY fall in net profit, the narrower margin of 4.5% and the 29.9% drop from the previous quarter. These are detailed in the Key Risks section.

What is the outlook after Maruti Suzuki India Q2 Results?

Ans. The outlook after Maruti Suzuki India Q2 Results depends on the quarters still to be reported in FY27. So compare the next net profit figure with Rs 2,414.90 Cr, as the Outlook section describes.

Where can I find the complete Maruti Suzuki India Q2 Results FY27 data?

Ans. The complete Maruti Suzuki India Q2 Results FY27 data sits in the Financial Highlights table above. Readers can also follow later quarterly results through the Univest Screener and the Univest app.