Maruti Suzuki India, the nation's largest car manufacturer, announced its fourth-quarter earnings for the fiscal year ending March 31, 2026, revealing a decline in net profit despite significant revenue growth. The company's net profit for Q4 fell by 6.45% year-on-year to ₹3,659 crore, down from ₹3,911.10 crore in the same period last year.
Conversely, the automaker experienced a robust increase in its operational revenue, which surged by 28.21% to ₹52,462.50 crore, compared to ₹40,920 crore in the corresponding quarter of the previous fiscal year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw a healthy climb of 27.13% to ₹6,158.30 crore. However, the EBITDA margin slightly contracted to 11.74% from 11.84% year-on-year.
Share Performance and Market Reaction
Following the earnings announcement, shares of Maruti Suzuki India witnessed a decline, dropping over 2% in afternoon trading on the BSE to ₹12,953. This movement led to a slip in the firm's market capitalization to ₹4.07 lakh crore.
Highest-Ever Dividend Declared
In a positive development for shareholders, Maruti Suzuki's board recommended its highest-ever dividend of ₹140 per equity share for the fiscal year 2025-26. This marks an increase from the ₹135 per share paid in the previous fiscal year (FY2024-25).
The company has set Friday, August 7, 2026, as the record date for determining eligible members for the dividend payment. The dividend, if approved at the upcoming Annual General Meeting, is scheduled to be disbursed on September 9, 2026.
"The dividend on equity shares for the year ended 31st March 2026, if declared at the ensuing Annual General Meeting, will be paid to those Members whose names appear in the register of members/beneficial owners as at the close of business hours on Friday, the 7th August 2026 (Record Date). The date of payment of dividend is 9th September 2026," stated the firm in its regulatory filing.