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Informist, Wednesday, Jul. 1, 2026

 

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--Maruti Suzuki: Had block shutdown for wk Jun, didn't produce in that period 
--CONTEXT: Comments by Maruti Suzuki mgmt in virtual press conference 
--Maruti Suzuki: See positive momentum in exports despite West Asia war 
--Maruti Suzuki: Continuing exports to West Asia but through longer route 
--Maruti Suzuki: Block shutdown won't be an issue in July 
--Maruti Suzuki: Network stock fell drastically in Jun due to block shutdown 
--Maruti Suzuki: Seeing very good traction in CNG vehicle sales 
--Maruti Suzuki:Saw shift to CNG from petrol, diesel vehicle since W Asia war 
--Maruti Suzuki: Have increased CNG vehicle supply after fuel price hikes 
--Maruti Suzuki: Won't raise e-VITARA output for domestic mkt till September 

 

MUMBAI – Maruti Suzuki India Ltd. is witnessing "very good" traction in the sales of compressed natural gas vehicles with consumers move towards these from traditional petrol and diesel vehicles since the war in West Asia started at the end of February. The company has increased its supply of CNG vehicles to the market after petrol and diesel prices were hiked, the management Wednesday told a virtual press conference.

 

Maruti Suzuki achieved its highest quarterly sales of CNG vehicles in Apr-Jun and has increased the penetration of these models by 5% on year to 41%. "...in case of Victoris, what we are seeing, good number of customers who are earlier having the diesel vehicles, they are coming for replacing their vehicle and buying the Victoris CNG," a top official of the company said. Maruti Suzuki is trying to counter the possible impact of the increase in fuel prices on sales by producing more CNG vehicles as the running cost of these vehicles is much lower.

 

The Swift maker's total sales increased 19% on year to 200,390 units in June. This was down more than 17% from the previous month. The company is expecting a 2 percentage-point gain in market share in the June quarter. The management said it had shut production in June for a week due to a block shutdown, which led to a drastic fall in its network stock. However, the company does not see this creating any issues this month and hopes to be able to ramp up production. Maruti Suzuki's network stock is around 35,000 units currently, which is around 14 days of inventory.

 

The company's exports increased by 13% on year to 42,768 units last month and by around 29% to 124,736 units in the June quarter. The management expects this momentum to continue despite the war in West Asia. Maruti Suzuki is now taking a longer route through the Red Sea for exports to West Asia.

 

However, this has come at an increase in cost for the company. "...but that's all a very small portfolio of our total sales so the advantage of being diversified across 100 countries is that even if in one small segment you face a cost increase because of logistics or whatever, you can dilute it over a much larger portfolio," the official said.

 

Asked what changes the company will make to its electric vehicle portfolio after the announcement of the new policy for Delhi, Maruti Suzuki said it will not increase production of its e Vitara for the domestic market because of "commitments". "...if we don't have the production of electric vehicles, we'll be trying to be promoting the other theme energy solutions like the CNG, so that we are able to support the Delhi government," the official said.

 

For the March quarter, Maruti Suzuki's net profit was INR 35.91 billion on revenues of INR 524.49 billion. Wednesday, its shares closed at INR 14,395 on the National Stock Exchange, up 2% from Tuesday.  End

 

Reported by Ashutosh Pati and Eshitva Prakash

Edited by Rajeev Pai

 

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