NSEGeneral Updates18h ago · 10 Nov 2026, 11:56 am

General Updates

Maruti Suzuki India Limited · MARUTI

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Maruti Suzuki India Limited has informed the Exchange about Reference to the Financial Results issued by Suzuki Motor Corporation. The company has seen an increase in revenue and profit, but with a decrease in profit margin. The financial results are based on the first six months of FY 2026.

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
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Liquidity Impact8/10
Market Sentiment5/10

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Maruti Suzuki India Limited has informed the Exchange about Reference to the Financial Results issued by Suzuki Motor Corporation

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MARUTIASHISH_10112026115416_STxIntimation_SMCResults_FirstHalfYr_10Nov2026.pdf

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MARUTI\dSsuzurl MSIL: COS: NSE&BSE: 2026111 04 10th November2026 Vice President General Manager National Stock Exchange oflndia Limited Department of Corporate Services "Exchange Plaza", Bandra- Kurla Complex BSE Limited Bandra (E) Phiroze Jeejeebhoy Towers, Mumbai-4O0 051 Dalal Street, Mumbai -400 001 Sub: Reference to the Financial Results issued bv Suzuki Motor Corporation Dear Sir(s), Please find enclosed herewith a copy of the reference to the Financial Results for first six months of FY 2026 issued by Suzuki Motor Corporation in Japan. Kindly take the same on record. Thanking you, Yours truly, For Maruti Suzuki India Limited Sanjeev Grover Executive Offrcer & Company Secretary MARUTI SUZUKI INDIA LIMITED Registered and Head Ofice: Maruti Suanki India Limited, 1, Nelson Mandela Road, Vasant Kunj, Nar Delhi - 11fi)70, India Tel: 011-46781000 Emall ld : contact@narutl.co.ln, www,marutlsuankl,com CIN : L34103DL1981PLC011375 <Reference for FY2026 First Six Months> Nov. 10, 2026 SUZUKI MOTOR CORPORATION [Consolidated 1/2] <IFRS> (Billions of yen) 2Q Results (July-Sep.) 1H Results (April-Sep.) 2Q of FY2026 1H of FY2026 2Q of 1H of YoY YoY FY2025 FY2025 Change Ratio Change Ratio Revenue 1,466.5 1,713.5 +247.0 +16.8% 2,864.2 3,419.2 +555.0 +19.4% Domestic 387.9 414.3 +26.4 +6.8% 772.1 809.3 +37.3 +4.8% Overseas 1,078.6 1,299.2 +220.6 +20.5% 2,092.2 2,609.9 +517.7 +24.7% Operating Profit 134.3 133.6 -0.8 -0.6% 276.5 291.6 +15.1 +5.5% (Margin) (9.2%) (7.8%) (9.7%) (8.5%) Profit before tax 156.5 118.2 -38.3 -24.5% 332.2 401.4 +69.2 +20.8% (Margin) (10.7%) (6.9%) (11.6%) (11.7%) 90.8 70.1 -20.7 -22.8% 192.8 253.7 +60.9 +31.6% (Margin) (6.2%) (4.1%) (6.7%) (7.4%) Increased revenue and profit External factors Effect of ForEX rates +19.4 Effect of ForEX rates +52.0 Change in price of raw materials -88.6 Change in price of raw materials -151.0 Total -69.2 Total -98.9 Factors other than Change in volume +26.7 Change in volume +70.5 the above Change in mix/price etc. +62.7 Change in mix/price etc. +69.9 Cost reduction +12.4 Cost reduction +23.8 Fixed cost, etc. -32.0 Fixed cost, etc. -36.6 R&D expenses +5.0 R&D expenses +1.6 Depreciation expenses -6.5 Depreciation expenses -15.3 Total +68.4 Total +114.1 Foreign Effect Effect Exchange Rates USD 147Yen 159Yen +12Yen +2.9 146Yen 159Yen +13Yen +6.3 and Effect on EUR 172Yen 183Yen +11Yen +4.8 168Yen 184Yen +16Yen +16.2 Operating Profit INR 1.70Yen 1.68Yen -0.02Yen +0.3 1.70Yen 1.69Yen -0.01Yen +2.5 Capital Expenditures 87.3 79.7 -7.6 170.0 215.1 +45.1 Depreciation Expenses 53.4 59.8 +6.5 103.8 119.1 +15.3 R&D Expenses 69.6 64.6 -5.0 131.6 130.0 -1.6 Interest-Bearing Debt balance 736.0 763.7 +15.1 * Operating Activities 201.3 227.1 +25.7 265.3 313.5 +48.2 Investing Activities -96.6 -92.3 +4.3 -124.0 -96.7 +27.3 Financing Activities -34.1 -26.4 +7.7 -68.2 -81.2 -13.0 Cash Balance 930.0 1,098.7 +125.4 * Revenue 1,330.2 1,547.9 +217.6 +16.4% 2,588.1 3,089.6 +501.5 +19.4% Operating Profit 117.8 109.9 -7.9 -6.7% 237.3 244.3 +7.0 +3.0% (Margin) (8.9%) (7.1%) (9.2%) (7.9%) Revenue 105.1 131.5 +26.4 +25.2% 209.8 255.9 +46.1 +22.0% Operating Profit 9.8 13.9 +4.1 +42.3% 22.5 28.3 +5.8 +25.8% (Margin) (9.3%) (10.6%) (10.7%) (11.1%) Revenue 28.1 31.3 +3.2 +11.3% 60.0 68.1 +8.2 +13.6% Operating Profit 5.7 8.9 +3.3 +57.8% 14.8 17.5 +2.7 +17.9% (Margin) (20.2%) (28.6%) (24.7%) (25.7%) Revenue 3.1 2.8 -0.2 -7.6% 6.3 5.7 -0.7 -11.0% Operating Profit 1.1 0.8 -0.3 -28.2% 1.9 1.5 -0.4 -19.6% (Margin) (35.3%) (27.4%) (29.2%) (26.3%) Revenue 798.1 835.8 +37.7 +4.7% 1,514.5 1,696.0 +181.6 +12.0% Operating Profit 60.3 66.7 +6.4 +10.6% 124.7 156.9 +32.1 +25.7% (Margin) (7.6%) (8.0%) (8.2%) (9.2%) Revenue 178.7 180.7 +2.0 +1.1% 335.4 381.6 +46.2 +13.8% Operating Profit 4.4 0.6 -3.8 -85.4% 7.0 3.6 -3.4 -48.7% (Margin) (2.5%) (0.4%) (2.1%) (0.9%) Revenue 853.5 1,049.8 +196.2 +23.0% 1,636.9 2,076.7 +439.8 +26.9% Operating Profit 74.1 57.6 -16.6 -22.3% 136.4 111.0 -25.5 -18.7% (Margin) (8.7%) (5.5%) (8.3%) (5.3%) Revenue 115.0 130.5 +15.5 +13.5% 224.2 264.9 +40.6 +18.1% Operating Profit 5.4 12.8 +7.5 +139.3% 10.1 21.6 +11.5 +113.8% (Margin) (4.7%) (9.8%) (4.5%) (8.2%) * : compared to the end of FY2025 egnahc srotcaF hsaC tiforP gnitarepO swolF Profit attributable to owners of parent Increased revenue, General View and decreased profit stluser gnitarepO stluser gnitarepO tnemgeS noigeR cihpargoeG otuA otoM eniraM rehtO napaJ eporuE aisA rehtO PDFBEAR.COM - Free Ver. <Reference for FY2026 First Six Months> Nov. 10, 2026 SUZUKI MOTOR CORPORATION [Consolidated 2/2] <IFRS> (Billions of yen) Full-year Change from Previous Change Ratio Forecast Revenue 6,293.0 6,900.0 +607.0 +9.6% Domestic 1,598.0 1,600.0 +2.0 +0.1% Overseas 4,695.0 5,300.0 +605.0 +12.9% Operating Profit 622.9 540.0 -82.9 -13.3% (Margin) (9.9%) (7.8%) Profit before tax 730.7 690.0 -40.7 -5.6% -30.0 (Margin) (11.6%) (10.0%) 439.3 420.0 -19.3 -4.4% (Margin) (7.0%) (6.1%) Increased revenue, General View and decreased profit External factors Effect of ForEX rates +45.0 Change in price of raw materials -270.0 -30.0 Total -225.0 -30.0 Factors other than Change in volume +90.0 +20.0 the above Change in mix/price etc. +73.3 Cost reduction +60.0 +10.0 Fixed cost, etc. -50.0 R&D expenses -8.9 Depreciation expenses -22.3 Total +142.1 +30.0 Foreign Effect Exchange Rates USD 151Yen 159Yen +8Yen +7.3 +1Yen and Effect on EUR 175Yen 181Yen +6Yen +11.7 -2Yen Operating Profit INR 1.72Yen 1.68Yen -0.04Yen -7.5 Capital Expenditures 350.7 380.0 +29.3 Depreciation Expenses 217.7 240.0 +22.3 R&D Expenses 271.1 280.0 +8.9 egnahc srotcaF tiforP gnitarepO FY2026 Forecast FY2025 Results Profit attributable to owners of parent PDFBEAR.COM - Free Ver. <Reference for FY2026 First Six Months> Nov. 10, 2026 SUZUKI MOTOR CORPORATION [Units (Production & Sales)] (Thousand units) 1H Results (April-Sep.) 2Q of FY26 1H of FY26 2Q of 1H of YoY YoY YoY FY25 FY25 Change Ratio Change Ratio Change Ratio 146 133 -13 -8.7% 286 271 -15 -5.1% 571 Compact vehicles 26 28 +2 +8.0% 54 54 -0 -0.2% 112 Export 55 54 -1 -1.1% 98 109 +11 +11.0% 207 OEM 21 21 +0 +2.2% 41 40 -1 -3.0% 85 Domestic production 248 237 -11 -4.4% 479 474 -5 -1.1% 975 977 +2 +0.2% -4 (CBU only) 227 213 -14 -6.3% 437 425 -12 -2.8% 887 871 -16 -1.8% -4 Europe 26 22 -3 -12.9% 48 48 -1 -1.3% 105 97 -8 -7.8% -3 India 547 712 +165 +30.2% 1,050 1,330 +279 +26.6% 2,347 Pakistan 3 3 -0 -3.5% 7 7 +1 +7.7% 9 Indonesia 26 20 -7 -25.5% 46 43 -3 -6.8% 92 Other 1 1 -0 -0.3% 3 2 -0 -14.5% 4 Asia 578 736 +158 +27.4% 1,106 1,382 +276 +25.0% 2,452 2,829 +376 +15.3% +136 Other 0 0 -0 -62.5% 0 0 -0 -55.3% 0 0 -0 -75.9% -0 Overseas production 604 759 +155 +25.7% 1,154 1,430 +276 +23.9% 2,558 2,925 +368 +14.4% +132 Production Total 852 996 +144 +16.9% 1,633 1,904 +271 +16.6% 3,533 3,902 +370 +10.5% +128 Mini vehicles 142 136 -6 -4.2% 279 269 -10 -3.7% 557 Compact vehicles 37 43 +6 +16.9% 76 85 +9 +12.4% 168 Domestic sales 179 179 +0 +0.2% 355 354 -1 -0.3% 725 721 -4 -0.5% -2 Europe 44 44 -0 -0.0% 92 91 -0 -0.4% 187 185 -2 -0.8% -2 India 410 565 +155 +37.8% 812 1,100 +288 +35.4% 1,862 India: Pakistan 20 23 +3 +13.6% 43 54 +11 +26.7% 88 expected growth of Indonesia 17 18 +1 +5.4% 30 35 +5 +17.8% 69 approximately 20% Other 13 14 +1 +8.5% 25 27 +1 +5.8% 55 Asia 460 619 +160 +34.8% 910 1,216 +306 +33.6% 2,074 2,468 +394 +19.0% +138 Africa 32 33 +1 +4.7% 63 66 +4 +5.8% 127 Middle East 17 14 -3 -17.8% 32 23 -9 -28.8% 62 Latin America 31 32 +1 +3.9% 59 64 +4 +7.6% 124 Oceania 6 5 -1 -16.7% 11 10 -1 -11.7% 21 Other 86 84 -1 -1.5% 165 163 -2 -1.4% 334 327 -7 -2.0% -11 Overseas sales 589 747 +159 +26.9% 1,167 1,470 +303 +26.0% 2,595 2,980 +385 +14.9% +125 Sales Total 767 926 +159 +20.7% 1,522 1,824 +302 +19.9% 3,320 3,702 +382 +11.5% +122 OEM Sales (Not included above) 67 57 -10 -14.7% 127 120 -7 -5.8% Domestic 2 2 -1 -26.6% 5 4 -1 -22.6% 9 8 -1 -11.0% +0 Export 18 18 -0 -1.3% 37 34 -2 -6.0% 73 78 +4 +5.9% +4 Domestic production 20 20 -1 -3.9% 41 38 -3 -7.9% 82 86 +3 +4.1% +4 India 332 355 +23 +6 [Showing first 8,000 characters — download PDF for full document]