Maruti Suzuki Eyes Growth Outperformance with Capacity Boost, SUV Focus

• Maruti Suzuki expects healthy demand momentum, but supply constraints currently limit near-term volumes.
• New plants in Kharkhoda and Gujarat will increase annual production capacity to 3.1 million units, addressing demand and improving SUV market share.
• The company anticipates passenger vehicle volumes to grow steadily and aims to outperform industry growth with a strong product pipeline and rising exports.
• Q3FY26 saw Maruti Suzuki report ₹49,892 crore revenue, ₹3,794 crore net profit, and 11.2% margins.
• Small car demand has significantly rebounded, and the company is shipping the Grand Vitara and e-Vitara to international markets.

Why It Matters: Maruti Suzuki is boosting production capacity and focusing on SUVs to achieve growth beyond industry averages.