Maruti Suzuki India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	1,940,694	1,803,501	1,529,130	1,418,582	1,184,099	883,298
Other Revenue	31,112	29,659	-	-	-	-
Revenue	1,971,806	1,833,160	1,529,130	1,418,582	1,184,099	883,298
Revenue Growth	26.61%	19.88%	7.79%	19.80%	34.05%	25.52%
Cost of Revenue	1,452,202	1,322,868	1,089,611	1,010,447	865,715	666,876
Gross Profit	519,604	510,292	439,519	408,135	318,384	216,422
Selling, General & Admin	94,652	90,497	88,161	78,943	67,117	67,745
Other Operating Expenses	213,483	205,233	149,122	141,812	120,052	91,157
Operating Expenses	377,795	363,147	293,365	273,313	235,629	186,792
Operating Income	141,809	147,145	146,154	134,822	82,755	29,630
Interest Expense	-2,554	-2,387	-1,942	-1,936	-2,523	-1,266
Interest & Investment Income	-	-	4,421	4,029	3,559	1,776
Earnings From Equity Investments	3,477	2,855	2,439	2,541	1,774	1,619
Currency Exchange Gain (Loss)	-	-	512	-1,117	-	-
Other Non Operating Income (Expenses)	43,430	43,572	-	-	-	-
EBT Excluding Unusual Items	186,162	191,185	151,584	138,339	85,565	31,759
Gain (Loss) on Sale of Investments	-	-	45,289	36,906	19,088	15,671
Gain (Loss) on Sale of Assets	-	-	-673	-1,000	-271	-458
Pretax Income	186,162	191,185	196,200	174,245	104,382	46,972
Income Tax Expense	42,822	44,390	51,198	39,363	21,745	8,177
Earnings From Continuing Operations	143,340	146,795	145,002	134,882	82,637	38,795
Net Income	143,340	146,795	145,002	134,882	82,637	38,795
Net Income to Common	143,340	146,795	145,002	134,882	82,637	38,795
Net Income Growth	-1.37%	1.24%	7.50%	63.22%	113.01%	-11.61%
Shares Outstanding (Basic)	314	314	314	314	314	302
Shares Outstanding (Diluted)	314	314	314	314	314	302
Shares Change	0.00%	-	-	-	4.08%	-
EPS (Basic)	455.91	466.90	461.20	429.01	262.84	128.43
EPS (Diluted)	455.91	466.90	461.20	429.01	262.84	128.43
EPS Growth	-1.37%	1.24%	7.50%	63.22%	104.66%	-11.61%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	-	89,772	58,859	78,849	29,805	-13,658
Free Cash Flow Per Share	-	285.53	187.21	250.79	94.80	-45.21
Dividend Per Share	-	140.000	135.000	125.000	90.000	60.000
Dividend Growth	-	3.70%	8.00%	38.89%	50.00%	33.33%
Gross Margin	26.35%	27.84%	28.74%	28.77%	26.89%	24.50%
Operating Margin	7.19%	8.03%	9.56%	9.50%	6.99%	3.35%
Profit Margin	7.27%	8.01%	9.48%	9.51%	6.98%	4.39%
Free Cash Flow Margin	-	4.90%	3.85%	5.56%	2.52%	-1.55%
EBITDA	212,255	214,562	201,456	186,970	130,945	57,329
EBITDA Margin	10.76%	11.70%	13.18%	13.18%	11.06%	6.49%
D&A For EBITDA	70,446	67,417	55,302	52,148	48,190	27,699
EBIT	141,809	147,145	146,154	134,822	82,755	29,630
EBIT Margin	7.19%	8.03%	9.56%	9.50%	6.99%	3.35%
Effective Tax Rate	23.00%	23.22%	26.10%	22.59%	20.83%	17.41%
Revenue as Reported	2,015,236	1,876,732	1,579,352	1,459,517	1,206,746	900,745
Advertising Expenses	-	-	17,436	15,593	13,774	9,759