• Volume growth target: Maruti Suzuki expects double-digit volume growth of 10% for the year, noting that underlying customer demand remains strong despite delivery wait times.
• Pending order book: The company has an order backlog of 190,000 cars, with small cars in the 18% GST bracket accounting for 130,000 of those pending units.
• Cost and pricing: Higher commodity prices increased material costs by 2% of sales last year, and management is assessing war impacts and exchange rates before deciding on future price revisions.
• Export market outlook: Total exports are targeted at around 4.5 lakh units, matching FY26 levels, as demand shifts and paused shipments to Gulf markets are compensated by other regions.
• Other income impact: The decline in other income is attributed to standard mark-to-market fluctuations on debt securities caused by rising yields rather than actual realized losses.