Maruti Suzuki Shares Dip 3.5% After Q3 Earnings, Despite Sales Growth

• Maruti Suzuki India's shares fell 3.5% on Thursday following its December quarter earnings report.
• The consolidated net profit for Q3 FY26 increased by 4% to Rs 3,879 crore, compared to Rs 3,727 crore in the previous year.
• A one-time provision of Rs 594 crore due to new Labour Codes impacted the net profit.
• Total revenue from operations surged to Rs 49,904 crore from Rs 38,764 crore year-on-year.
• The company recorded its highest-ever quarterly domestic sales of 564,669 units, a significant increase from the previous year.

Why It Matters: Maruti Suzuki shares declined despite profit and sales growth, impacted by a one-time labor code provision.