Maruti Shares Rise 1.6% on 10% YoY PV Sales Surge Driven by Utility Vehicle Demand Maruti Suzuki India shares surged over 1.6% during intraday trading on April 1, 2026, following the release of the automaker’s March 2026 sales data. The stock climbed to ₹12,507 by 2:57 pm, up from ₹12,306 at the previous close on March 30, as the company reported a 10% year-on-year (YoY) increase in passenger vehicle (PV) sales. The rise was attributed to strong demand for utility vehicles (UVs), which outperformed other segments in the sales breakdown. The company disclosed that it sold a total of 225,251 units in March 2026, including domestic sales of 169,428 units, exports of 47,040 units, and sales to other Original Equipment Manufacturers (OEMs) totaling 8,783 units. This marked a significant rebound compared to the previous year, with the financial year ending 2025-26 showing an 8.4% or 188,447-unit increase in total sales to 2,422,713 units, up from 2,234,266 units in the prior financial year. The PV segment’s performance was split between different categories. The mini and compact car segment saw a 6.3% YoY rise in units sold, reaching 83,530 units in March 2026, compared to 78,561 units in March 2025. Vehicles like the Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift, and WagonR contributed to this growth. However, the mid-size segment, which included the discontinued Ciaz model, recorded lower demand. The UV segment, however, was the standout performer, with sales rising 16.7% YoY to 71,356 units in March 2026, compared to 61,097 units in the same period the previous year. Models such as the Brezza, Ertiga, e Vitara, Fronx, Grand Vitara, Invicto, Jimny, Victoria, and XL6 drove this growth. The van segment, comprising the Eeco model, also saw a 8.8% YoY increase in sales to 11,333 units, up from 10,409 units in March 2025.#brezza #maruti_suzuki_india #alto #swift #ertiga
