New Delhi, April 29 -- Maruti Suzuki India Ltd. grew by a fifth in FY26 but the bottomline barely moved. That showed in its profitability amid a dwindling market share.

Net profit of India's largest carmaker by sales rose 1% over the previous year to Rs.14,679 crore in the fiscal ended 31 March, on revenue that rose 20% year-on-year to Rs.1.83 trillion. Its market share fell below 40% for the first time since at least 2014, even as production and exports rose to an all-time high.

Chairman R.C. Bhargava has made it abundantly clear that the company is not overly concerned about losing market share. His focus is on running plants at full capacity and maintaining profitability. With ~200,000 pending orders even after record sales of more t...