Maruti Suzuki India shares rise after November auto sales rise 26%, beat estimates

Shares of Maruti Suzuki India Ltd. gained as much as 1.5% on Monday, December 1, after it reported its monthly auto sales.

The automaker reported total sales of 2.29 lakh units in November, above a CNBC-TV18 poll of 2.13 lakh units. This was also 26% more than its total sales of 1.82 lakh units in November last year.

Of this, the company's domestic sales of 1.83 lakh units were up 19.7% from 1.53 lakh units in the year-ago period.

Maruti Suzuki's total exports witnessed a 61% increase at 46,057 units from 28,633 units last year.

Sales of entry-level vehicles Alto and S-Presso increased 27% to 12,347 units from 9,750 units in November last year.

The total domestic passenger vehicle (PV) sales witnessed a 21% surge to 1.71 lakh units in November 2025 from 1.41 lakh units last year.

In an analyst call, the management highlighted that the November retail sales have increased by 31%, bookings have grown by 21% as demand remains strong.

The management also said that the network stock currently remains at 19 days.

In the

second quarter, Maruti Suzuki's net profit increased 7.3% to ₹3,293 crore, which was lower than Street estimates of ₹3,618 crore.

Its revenue increased 14% to ₹42,101 crore from the previous year and was also higher than a CNBC-TV18 poll of ₹39,639 crore.

Its earnings before interest, tax, depreciation and amortisation (EBITDA) remained flat at ₹4,434 crore, but was in-line with Street estimates of ₹4,417 crore.

Its EBITDA margin contracted to 10.5% from 11.8% in the year-ago period. It was on expected lines as the Street had estimated 10.6%.

Shares of Maruti Suzuki were trading 1.32% up at ₹16,110 apiece around 2.30 pm. The stock has gained 43.4% this year, so far.

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