06 Nov 2026 | 5 Mins Read

Maruti, Mahindra, Hyundai report surging sales, but profits rose for just one

Flipitmoney

In Q2 FY27, four-wheeler manufacturers saw strong demand despite high fuel and vehicle prices. Mahindra & Mahindra’s SUV sales rose 26% y-o-y, Maruti Suzuki posted record quarterly sales, and Hyundai’s volumes jumped 14.7%. Net profits declined for Maruti (down 27%) and Hyundai (down 24%) due to higher input costs, while Mahindra’s profit grew 13%. Margin pressure persisted across the sector.