Maruti Suzuki FY26: 24.23 lakh sales, 23.4 lakh output

Record year for India’s largest carmaker

Maruti Suzuki India Ltd (MSIL) ended FY2025-26 with new highs across production, domestic sales, and exports. The company said it clocked its highest-ever annual production volume of 23.4 lakh units in FY2025-26. It also reported record annual sales of 24,22,713 units during the year. The year marked the third straight year in which total sales stayed above the 24 lakh level. Maruti Suzuki also highlighted that the achievement makes it the only passenger vehicle manufacturer in India to reach this production landmark, as per SIAM data cited by the company. Separately, it said it is the only firm among Suzuki Motor Corporation’s global manufacturing facilities to hit this volume.

Production milestone: 23.4 lakh units in FY26

Maruti Suzuki’s FY26 production milestone was set against a strong March 2026 finish. In March 2026, total passenger vehicle production rose to 2,27,942 units, up 19.2% from 1,91,180 units a year earlier. The company attributed a large part of the increase to utility vehicles, where March production grew 42.2% year-on-year to 1,02,622 units. The mini segment also grew 31% in March, although the base was smaller. Compact cars were largely stable with a 2% increase. And the Ciaz had zero units recorded in March 2026, indicating it is no longer in production.

FY26 sales cross 24 lakh for third straight year

For FY2025-26, Maruti Suzuki reported total sales of 24,22,713 units, its highest-ever annual sales figure. The company said this performance extended its streak of crossing the 2 million annual mark for the third consecutive year. Total sales in FY26 surpassed FY2024-25 sales of 22,34,266 units. Domestic PV plus LCV sales reached a record 18,61,704 units, up 3.7% year-on-year, according to the company. Domestic demand remained the core driver, while exports became a larger growth lever in the mix.

Domestic sales hit 18.61 lakh, led by PV volumes

Maruti Suzuki said domestic sales for FY26 stood at 18,61,704 units, comprising 18,23,129 passenger vehicles and 38,575 light commercial vehicles. In March 2026, domestic sales were 1,69,428 units, including 1,66,219 passenger vehicles and 3,209 light commercial vehicles. The company also reported sales to other OEMs of 1,13,235 units for FY26. In March 2026, sales to other OEMs were 8,783 units. These figures together show the scale of volumes that sit beyond retail passenger vehicle deliveries.

Exports surge to an all-time high of 4.48 lakh

Exports were a clear highlight for FY26. Maruti Suzuki exported 4,47,774 vehicles in FY2025-26, its highest-ever export volume. The company said exports were up over 34% from 3,32,585 units in FY2024-25. In March 2026, exports contributed 47,040 units. The company’s export growth adds context to the overall FY26 sales record, especially as total sales stayed above 24 lakh units for the third year in a row.

SUVs and utility vehicles continue to gain share

Utility vehicles crossed 7.6 lakh units in FY26, reflecting the ongoing shift in customer preference towards SUVs and MPVs, as stated in the report. In another segment detail, the UV segment contributed 7,60,987 units in FY26. Maruti Suzuki also reported that the Mini and Compact segment remained its strongest performer, with 9,20,393 units sold in FY26. March 2026 production data also pointed to momentum in utility vehicles, with a sharp year-on-year increase in output.

Key figures at a glance

March 2026 snapshot: sales and production trend

March 2026 was a strong month on both sales and production, based on the data disclosed. Total sales in March 2026 stood at 2,25,251 units, compared with 1,92,984 units in March last year. Domestic sales in March were 1,69,428 units and exports were 47,040 units. On the production side, March passenger vehicle production reached 2,27,942 units versus 1,91,180 units last year. Utility vehicles were the biggest driver within March production, rising to 1,02,622 units.

Market impact: what the FY26 numbers indicate

Maruti Suzuki’s FY26 results reinforce its position as the country’s volume leader in passenger vehicles, supported by record domestic and export numbers disclosed by the company. Record production of 23.4 lakh units alongside record sales of 24,22,713 units suggests strong throughput across its system during the year. The export jump from 3,32,585 units to 4,47,774 units is one of the most measurable changes versus FY25, adding a larger overseas contribution to the total. Within the portfolio mix, utility vehicles crossing 7.6 lakh units points to sustained momentum in SUVs and MPVs. The March production numbers, where utility vehicles rose 42.2% year-on-year, align with the same trend.

Analysis: why this matters for investors tracking autos

The FY26 record matters because it combines three separate records in a single year: production, domestic sales, and exports, as stated by the company. It also shows that the 24 lakh-plus sales run is now in its third year, indicating sustained high volumes rather than a one-off peak. The export growth is particularly noteworthy since it is quantified against a clear base year, rising to an all-time high of 4,47,774 units. Segment disclosures add further context: Mini and Compact remained the largest block at 9,20,393 units, while utility vehicles provided a fast-growing pillar at 7,60,987 units. The Ciaz recording zero units in March 2026 also signals portfolio pruning, with production and capacity seemingly aligning to segments where demand is stronger, based on the company’s reported production and sales mix.

Wider context: calendar year 2025 production record

Beyond the fiscal-year record, the company also cited a separate milestone for calendar year 2025. It said it produced over 22.55 lakh units in 2025, its highest-ever production in a calendar year. For the full calendar year 2025, Maruti Suzuki recorded total sales of 2.35 million units, including record exports of nearly 396,000 units, according to an ANI report included in the material. The company also noted that 2025 was the second consecutive year it exceeded 20 lakh units in annual production. Together, these calendar-year figures provide additional evidence of sustained scale.

Conclusion

Maruti Suzuki’s FY2025-26 performance was marked by record production of 23.4 lakh units and record sales of 24,22,713 units, backed by record domestic sales of 18,61,704 units and all-time high exports of 4,47,774 units. March 2026 closed the year with 2,25,251 units sold and higher year-on-year production, led by utility vehicles. The company’s statement also positioned the production milestone as a first among Indian passenger vehicle makers and among Suzuki’s global plants. Future updates will likely come through monthly sales disclosures and subsequent annual filings that detail segment performance and capacity utilisation trends in more depth.