Maruti Suzuki India Ltd., India’s largest carmaker by market share, posted a lower-than-expected quarterly profit squeezed by higher raw material prices. Shares fell.

Maruti Suzuki , India's top carmaker by volumes, reported a smaller-than-expected third-quarter profit on Wednesday, hurt by higher discounts and a dip in small car sales.

Maruti Suzuki has unveiled the ‘Made in India’ Jimny five-door SUV in Japan. According to the company, the Jimny is the second model exported to Japan in FY 2024-25. The Jimny is produced at its manufacturing facility in Gurugram,

Maruti's Q3 profitability was well maintained, despite pressure from higher discounts and marketing spends, with EBITDA margin decline quarter-on-quarter contained at 26 basis points to 11.6%, compared to 150 basis points decline seen at peer Hyundai.

Maruti Suzuki India reported a 12.6 percent year-on-year increase in standalone net profit for the third quarter of fiscal year 2025 at Rs 3,525 crore vis-a-vis Rs 3,130 crore in the same period last year.

Maruti Suzuki India Ltd has released its third quarter results for the financial year 2024-25 on January 29, 2025.