Maruti Suzuki India Ltd., India’s largest carmaker by market share, posted a lower-than-expected quarterly profit squeezed by higher raw material prices. Shares fell.

Maruti Suzuki, India's top carmaker by volumes, missed third-quarter profit expectations on Wednesday, hurt by higher discounts and a dip in small car sales. Following two years of rapid growth, Indian automakers faced pressure throughout much of 2024 due to weak demand for new cars and rising costs,

The automobile major reported a double-digit rise in profit figure as sales volume rose 13% in the quarter ending December

Despite strong results, Maruti Suzuki’s stock faced a slight dip, trading at Rs 12,010 on the Bombay Stock Exchange (BSE), down approximately 1.5 per cent from the previous day's close.

Maruti Suzuki , India's top carmaker by volumes, reported a smaller-than-expected third-quarter profit on Wednesday, hurt by higher discounts and a dip in small car sales.

A Moneycontrol poll of brokerages estimated a strong revenue and profit growth, driven by high volumes, good product mix, and higher average selling prices.

Maruti Suzuki's standalone profit rose 12.6 per cent year-on-year (Y-o-Y) to Rs 3.525 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 3,130 crore in Q3FY24