Maruti Suzuki India will announce its September quarter (Q2FY27) results on Tuesday, October 27, 2026. Analysts anticipate a robust revenue rise driven by higher sales volumes, yet net profit is expected to decline due to escalating raw material costs that will compress margins. The company’s management commentary on demand trends and the impact of raw material inflation will be closely monitored by investors, with particular focus on quarterly sales volumes, export volumes, average selling prices and EBITDA margin.

Experts project Maruti Suzuki’s standalone revenue to climb 27% to 28% year‑on‑year and 2% to 3% quarter‑on‑quarter, reaching between ₹53,755 crore and ₹54,100 crore. Sales volumes are forecast to grow 25% to 28% year‑on‑year in the September quarter. However, net profit is expected to fall 9% to 11% year‑on‑year and 10% to 12% quarter‑on‑quarter, settling between ₹2,950 crore and ₹3,010 crore, as higher raw material costs erode profitability.

Maruti Suzuki’s previous quarter figures show a standalone revenue of ₹42,332 crore in Q2FY26 and ₹52,456 crore in the preceding quarter, while net profit stood at ₹3,303 crore in the same quarter last year and ₹3,352 crore in Q1FY27. The company’s EBITDA margin is likely to contract by 280 to 310 basis points on a yearly basis, reflecting the squeeze on profitability from input cost inflation.

Prior to the results announcement, Maruti Suzuki shares were trading 1.1% higher at approximately ₹11,355 on the NSE on Tuesday, October 27. Year‑to‑date, the stock has declined over 31%. Technical analysis indicates the stock is in a clear downtrend, trading below its 20‑day and 50‑day exponential moving averages, with recent recovery attempts failing near ₹11,650 and followed by a sharp decline.

Early signs suggest the selling pressure may be easing, as the stock has held the ₹11,000 level for several sessions and long lower shadows on recent candles indicate buyer interest near that mark. The Directional Movement Index supports this view, while the ADX has eased from its peak to 51.5, signalling a potential weakening of the downtrend, though it remains high.

Options contracts for Maruti Suzuki’s November expiry price the stock at a ±6.7% range, roughly ₹10,540 to ₹12,056. Historically, the stock has not moved more than 4.7% on the day after results in the last 12 quarters, suggesting a relatively calm post‑results period. Traders may consider strategies such as a short straddle for a range‑bound expectation or a long straddle if a sharp move is anticipated, but strict risk management and stop‑losses are essential due to the inherent volatility around earnings announcements.