New Delhi, Oct. 28 -- Maruti Suzuki India's record September-quarter (Q2FY27) sales of 696,654 units, up 26.5% year-on-year, lifted revenue 26% to Rs.53,340 crore but failed to offset higher commodity costs. Standalone Ebitda margin contracted 308 basis points (bps) to 8.9%.

Passenger vehicle demand benefited from goods and services tax (GST)-led affordability gains and festive buying. Maruti's domestic volumes rose 33.6%, with utility vehicles (UVs) growing 52%. Dealer inventory stood at a contained 17 days, including vehicles in transit, helping lift domestic market share by 220 bps to 40.8%.

Maruti is targeting at least 10% domestic-volume growth in the second half of fiscal year 2027 (FY27), relying on recent capacity additions, a s...