India’s auto sector logged strong year-on-year growth in April, overcoming a sequential dip blamed on high March bases and earlier supply disruptions. Maruti Suzuki gained month-on-month, buoyed by GST benefits and broad demand. Tractor and two-wheelers stayed firm, but auto ancillaries face margin pressure as commodity costs rise, with tougher FY27 conditions looming.
Maruti Suzuki’s March-quarter net sales surged 29% to Rs 50,078.70 crore, topping Rs 50,000 crore for the period. However, standalone net profit fell 7% to Rs 3,590.5 crore, down from Rs 3,857.3 crore a year ago, driven mainly by higher commodity costs and mark-to-market impact.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
