Maruti Suzuki India is preparing to increase the prices of its cars. The company’s Senior Executive Officer (Marketing and Sales) Partho Banerjee said on February 2 that due to continuous rise in commodity prices, input costs have increased, making it necessary to increase vehicle prices. Reason for price increase: Precious metal prices and geopolitical conditions According to Partho Banerjee, raw material prices are rising rapidly on the commodity front. Especially, there has been a sharp increase in the prices of precious metals. He said that geopolitical tensions have also affected the supply chain and costs. The company was trying to bear the cost burden itself until now, but now it has become necessary to pass it on to customers. However, he did not clarify when and how much the prices would be increased. The company had previously increased its car prices by up to 4% from April 2025. Record 2.78 lakh bookings in January, 1.75 lakh cars in waiting Relief for those with old bookings: Will get price protection The company has launched a ‘Price Protection Scheme’ in January keeping first-time car buyers in mind. Banerjee said that those who have booked cars but haven’t received delivery due to production shortages will not be charged increased prices. They will get the car at the same price at which they made the booking. Highest ever sales and exports in January Maruti Suzuki’s profit increased by 4% in October-December quarter Maruti Suzuki India earned total revenue of ₹49,891 crore in the third quarter of financial year 2025-26. This is 29% higher compared to last year. In the same quarter last year, the company earned ₹38,752 crore. In this quarter, the company sold 6.67 lakh cars. After deducting expenses like salary, tax, raw material costs from total earnings, the company was left with ₹3,794 crore as net profit. This is 4% more than October-December quarter of 2025. Last year the company had earned a profit of ₹3,659 crore. Post navigation India’s stock markets stage strong comeback after the budget-day debacle:Sensex rebounds over 940 points; Nifty reclaims 25,000 mark Govt’s big relief for home owners!:Taxpayers will continue to get tax deduction benefits on home loan interest paid before property construction or acquisition