Maruti Suzuki’s profit estimated to fall 11%:Revenue may stand at ₹54,100 crore in Q2; stock down 31% this year

Maruti Suzuki India, the country’s largest carmaker, is set to release its second-quarter results today, 27 October. According to analysts, the company’s revenue could rise by double digits, but higher raw material costs may put pressure on profits. Revenue may rise 28%, but profit is expected to fall by up to 11% According to experts, Maruti Suzuki’s standalone revenue could rise 27% to 28% year-on-year (YoY) and 2% to 3% quarter-on-quarter (QoQ), reaching between ₹53,755 crore and ₹54,100 crore. Sales volume is also expected to increase 25% to 28% year-on-year this quarter. However, the company’s net profit is estimated to fall 9% to 11% year-on-year and 10% to 12% quarter-on-quarter, to between ₹2,950 crore and ₹3,010 crore. The company reported a profit of ₹3,303 crore in the same quarter last year Maruti’s standalone revenue was ₹42,332 crore and net profit was ₹3,303 crore in the corresponding quarter of the previous financial year (Q2FY26). In the first quarter of the current financial year (Q1FY27), the company’s revenue was ₹52,456 crore and net profit was ₹3,352 crore. After the results, investors will focus on the management’s commentary, particularly on demand and the impact of raw material inflation on profits. The market will also closely track figures such as sales volume, export volume, average selling price (ASP) and EBITDA margin. Share rises 1.4% today but has fallen 32% so far this year Ahead of the Q2 results, shares of Maruti Suzuki were trading at around ₹11,383 on the National Stock Exchange (NSE) on Tuesday, up 1.4%. However, the company’s shares have fallen by around 32% year to date (YTD). Share remains in a downtrend, but ₹11,000 level offers strong support According to technical analysis, Maruti’s share is clearly in a downtrend. The stock is trading below its 20-day and 50-day EMAs. The 20-day EMA has remained below the 50-day EMA since the end of August. Whenever the share attempted a recovery in October, selling emerged at the 20-day EMA. The share also declined near ₹11,650 last week. However, there are now signs that selling pressure is easing slightly. The share has held the ₹11,000 level over the past few sessions. The Directional Movement Index also supports this view. The ADX has declined from its peak to 51.5, indicating that the strength of the downtrend is gradually weakening. Maruti Suzuki is the country’s largest car company