Maruti Suzuki India Limited (NSE:MARUTI)
India · Delayed Price · Currency is INR 15,159
+181 (1.21%)
Feb 10, 2026, 2:40 PM IST
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 |
Operating Revenue | 1,709,450 | 1,529,130 | 1,418,582 | 1,184,099 | 883,298 | 703,720 |
Other Revenue | 8,286 | - | - | - | - | - |
| 1,717,736 | 1,529,130 | 1,418,582 | 1,184,099 | 883,298 | 703,720 | |
Revenue Growth (YoY) | 14.16% | 7.79% | 19.80% | 34.05% | 25.52% | -6.99% |
Cost of Revenue | 1,245,984 | 1,089,611 | 1,010,447 | 865,715 | 666,876 | 513,400 |
Gross Profit | 471,752 | 439,519 | 408,135 | 318,384 | 216,422 | 190,320 |
Selling, General & Admin | 103,923 | 88,161 | 78,943 | 67,117 | 67,745 | 55,597 |
Other Operating Expenses | 165,825 | 149,122 | 141,812 | 120,052 | 91,157 | 80,617 |
Operating Expenses | 334,302 | 293,365 | 273,313 | 235,629 | 186,792 | 166,555 |
Operating Income | 137,450 | 146,154 | 134,822 | 82,755 | 29,630 | 23,765 |
Interest Expense | -2,133 | -1,942 | -1,936 | -2,523 | -1,266 | -840 |
Interest & Investment Income | 4,421 | 4,421 | 4,029 | 3,559 | 1,776 | 760 |
Earnings From Equity Investments | 2,601 | 2,439 | 2,541 | 1,774 | 1,619 | 1,690 |
Currency Exchange Gain (Loss) | 512 | 512 | -1,117 | - | - | 479 |
Other Non Operating Income (Expenses) | 3,711 | - | - | - | - | -178 |
EBT Excluding Unusual Items | 146,562 | 151,584 | 138,339 | 85,565 | 31,759 | 25,676 |
Gain (Loss) on Sale of Investments | 45,289 | 45,289 | 36,906 | 19,088 | 15,671 | 28,124 |
Gain (Loss) on Sale of Assets | -673 | -673 | -1,000 | -271 | -458 | -590 |
Pretax Income | 191,178 | 196,200 | 174,245 | 104,382 | 46,972 | 53,210 |
Income Tax Expense | 41,862 | 51,198 | 39,363 | 21,745 | 8,177 | 9,319 |
Earnings From Continuing Operations | 149,316 | 145,002 | 134,882 | 82,637 | 38,795 | 43,891 |
Net Income | 149,316 | 145,002 | 134,882 | 82,637 | 38,795 | 43,891 |
Net Income to Common | 149,316 | 145,002 | 134,882 | 82,637 | 38,795 | 43,891 |
Net Income Growth | 2.68% | 7.50% | 63.22% | 113.01% | -11.61% | -22.67% |
Shares Outstanding (Basic) | 314 | 314 | 314 | 314 | 302 | 302 |
Shares Outstanding (Diluted) | 314 | 314 | 314 | 314 | 302 | 302 |
Shares Change (YoY) | 0.00% | - | - | 4.08% | - | - |
EPS (Basic) | 474.92 | 461.20 | 429.01 | 262.84 | 128.43 | 145.30 |
EPS (Diluted) | 474.92 | 461.20 | 429.01 | 262.84 | 128.43 | 145.30 |
EPS Growth | 2.68% | 7.50% | 63.22% | 104.66% | -11.61% | -22.67% |
Free Cash Flow | - | 58,859 | 78,849 | 29,805 | -13,658 | 67,242 |
Free Cash Flow Per Share | - | 187.21 | 250.79 | 94.80 | -45.21 | 222.60 |
Dividend Per Share | - | 135.000 | 125.000 | 90.000 | 60.000 | 45.000 |
Dividend Growth | - | 8.00% | 38.89% | 50.00% | 33.33% | -25.00% |
Gross Margin | 27.46% | 28.74% | 28.77% | 26.89% | 24.50% | 27.05% |
Operating Margin | 8.00% | 9.56% | 9.50% | 6.99% | 3.35% | 3.38% |
Profit Margin | 8.69% | 9.48% | 9.51% | 6.98% | 4.39% | 6.24% |
Free Cash Flow Margin | - | 3.85% | 5.56% | 2.52% | -1.55% | 9.55% |
EBITDA | 195,118 | 201,456 | 186,970 | 130,945 | 57,329 | 53,909 |
EBITDA Margin | 11.36% | 13.18% | 13.18% | 11.06% | 6.49% | 7.66% |
D&A For EBITDA | 57,668 | 55,302 | 52,148 | 48,190 | 27,699 | 30,144 |
EBIT | 137,450 | 146,154 | 134,822 | 82,755 | 29,630 | 23,765 |
EBIT Margin | 8.00% | 9.56% | 9.50% | 6.99% | 3.35% | 3.38% |
Effective Tax Rate | 21.90% | 26.10% | 22.59% | 20.83% | 17.41% | 17.51% |
Revenue as Reported | 1,771,669 | 1,579,352 | 1,459,517 | 1,206,746 | 900,745 | 733,083 |
Advertising Expenses | - | 17,436 | 15,593 | 13,774 | 9,759 | 8,299 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.