'
Maruti Suzuki hosted
a conference call on July 31, 2025. In the conference call, the company was
represented by Mr Arnab Roy-CFO.
Key takeaways of the call
In Q1 FY26, the
domestic passenger vehicle industry witnessed a sluggish demand environment.
The company’s domestic sales declined 4.5% YoY, which was compensated by a
robust 37.4% YoY growth in exports resulting in an overall sales volume
increase of 1.1% YoY.
In Q1 FY26,
wholesale PV segment declined 1.4% YoY.
The company sold
a total of 527,861 vehicles during the quarter, comprising domestic sales of
430,889 units and exports of 96,972 units.
EBITDA margin
declined during the quarter due to adverse commodity prices, higher sales
promotion expenses, and new plant related expenses (Kharkhoda Greenfield
plant).
Production
commenced at the Kharkhoda plant in Q4 FY25, and margin...
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