Maruti Suzuki Posts Record Sales In Q3 FY26 As Small Car Demand Drives Market Recovery

Maruti Suzuki India Limited has once again underlined its dominance in the Indian car market by posting record financial and sales numbers for the third quarter and the first nine months of FY 2025-26. The company’s board approved the results on January 28, 2026, and the numbers clearly show how strongly India’s largest carmaker has benefited from a revival in demand, especially in the small car segment.

The third quarter of the financial year, which covers October to December 2025, turned out to be particularly strong. A key reason was the sharp recovery in the Indian car market following GST-related reforms, which helped bring buyers back to showrooms. This recovery was led mainly by small cars, a segment where Maruti Suzuki has traditionally been very strong.

During Q3 FY26, Maruti Suzuki recorded its highest-ever quarterly domestic sales of 5,64,669 units. This was a massive jump from 4,66,993 units in the same quarter last year, translating into an increase of nearly 98,000 cars. Notably, around 68,000 of these additional sales came from small cars that fall under the 18 per cent GST bracket, highlighting

renewed interest from budget-conscious buyers.

When exports are added, Maruti Suzuki’s total sales for the quarter touched a record 6,67,769 units, including 1,03,100 units shipped overseas. In comparison, total sales in the same period last year stood at 5,66,213 units. This strong volume growth directly reflected in the company’s revenue. Net sales for the quarter rose to an all-time high of Rs 4,75,344 crore, up sharply from Rs 3,68,020 crore a year ago.

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Profitability remained steady despite some challenges. Maruti Suzuki reported a net profit of Rs 37,940 crore for the quarter, slightly higher than Rs 36,593 crore in Q3 of the previous year. However, the profit figure was impacted by a one-time provision of Rs 5,939 crore related to the implementation of new labour codes.

Looking at the bigger picture, the nine-month performance from April to December 2025 was equally impressive. Maruti Suzuki achieved its highest-ever sales volume, net sales and net profit for this period. Total sales stood at 17,46,504 units, compared to 16,29,631 units last year. Domestic sales accounted for over 14.35 lakh units, while exports reached a strong 3.10 lakh units.

Net sales for the nine-month period rose to Rs 12,42,908 crore, up from Rs 10,62,589 crore last year. Net profit also improved to Rs 1,08,549 crore, compared to Rs 1,04,403 crore in the previous year.

Overall, these results highlight Maruti Suzuki’s continued leadership in the Indian market, driven by strong demand for small cars, steady exports and a wide product portfolio. For the company, FY26 is shaping up to be another milestone year.