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25-Apr-2025

Maruti Suzuki India

Domestic sales remained muted, while exports surged in FY25


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Maruti Suzuki hosted a conference call on April 25, 2025. In the conference call, the company was represented by Mr Arnab Roy-CFO.

Key takeaways of the call

In FY25, the company recorded its highest annual total sales and exports.

In FY25, domestic market growth remained muted. While in terms of exports, the company continued to be the top exporter for the fourth consecutive year, now contributing nearly 43% of total passenger vehicle exports from India.

The company reported modest domestic sales growth of 2.7% YoY in FY25, which was offset by a healthy 17.5% YoY growth in exports.

Management anticipates continued growth in exports and has projected a 20% increase for FY26.

The company sold a total of 2,234,266 vehicles during the year, up 4.6% YoY. This comprise of 1,901,681 units in the domestic market and 332,585 units in the ex...



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