The Board of Directors of Maruti Suzuki India Limited officially approved the company's audited financial results for FY2025-26 in a meeting held on April 28, 2026. The meeting, which commenced at 11:35 a.m. and concluded at 2:30 p.m., formalized the company's record-breaking performance and recommended the highest-ever dividend payout to shareholders.

Board Meeting Outcomes and Regulatory Compliance

The Board approved comprehensive audited financial results that demonstrate exceptional annual performance. The results received an unmodified audit report from Price Waterhouse Chartered Accountants LLP, confirming compliance with all regulatory requirements under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The company filed the necessary notifications with both NSE and BSE exchanges.

Record Financial Performance FY26

The audited results reveal exceptional growth across key performance indicators. Total sales volume reached a record 2,422,713 units, comprising domestic and export units. Net sales from operations achieved ₹1,743,820 million for consolidated results, while the company recorded net profit of ₹144,454 million on standalone basis and ₹146,795 million on consolidated basis.

Dividend Declaration and Shareholder Benefits

The Board recommended a final dividend of ₹140 per share for FY2025-26, representing the company's highest-ever dividend payout. This dividend aggregates to ₹44,016 million compared to ₹42,444 million in the previous year. The dividend payment is subject to approval at the Annual General Meeting.

Corporate Governance and Regulatory Impact

The financial results reflect the impact of the approved Scheme of Amalgamation between Maruti Suzuki India Limited and Suzuki Motor Gujarat Private Limited, which became effective from December 1, 2025. The audited statements have been prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.

The company acknowledged specific regulatory impacts including the implementation of four Labour Codes notified by the Government of India in November 2025, resulting in an incremental impact of ₹5,939 million in Q3 FY26. The consolidated financial results include 2 subsidiaries, 14 associates, and 3 joint ventures. Additionally, the company noted the Environment Protection Rules 2025 regarding Extended Producer Responsibility obligations, though reliable estimation of financial impact remains pending due to incomplete implementation framework.

Maruti Suzuki 's Co-Chairman has announced that the trade deal between India and New Zealand will open new export opportunities for the automotive manufacturer. This statement highlights the company's strategic approach to international expansion and its readiness to capitalize on favorable trade agreements.

Strategic Export Expansion

The Co-Chairman's remarks underscore Maruti Suzuki's commitment to exploring international markets beyond its traditional export destinations. The India-New Zealand trade agreement appears to provide a framework that could facilitate easier market access and potentially more favorable trading conditions for Indian automotive exports.

Market Development Prospects

The trade deal represents a significant opportunity for Maruti Suzuki to establish or strengthen its presence in the New Zealand automotive market. This development aligns with the company's broader international expansion strategy and demonstrates its proactive approach to identifying new growth markets through diplomatic and trade relationships.

Trade Agreement Benefits

The bilateral trade agreement between India and New Zealand is expected to reduce trade barriers and create more conducive conditions for Indian companies to export their products. For Maruti Suzuki, this could translate into competitive advantages in pricing, market access, and operational efficiency in the New Zealand market.