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Maruti Suzuki posts all-time high Q3 sales of Rs 475,344 million
NEW DELHI: Maruti Suzuki India has posted its strongest-ever quarterly sales, riding a sharp recovery in the passenger vehicle market triggered by recent GST reforms and a renewed surge in demand for small cars.
For the October–December quarter of FY 2025–26, the country’s largest carmaker clocked record domestic sales of 564,669 units, up from 466,993 units a year earlier. The small car segment in the 18 per cent GST bracket accounted for more than two-thirds of the incremental volume, underscoring the price-sensitive revival.
Total sales for the quarter touched an all-time high of 667,769 units, including exports of 103,100 units, compared with 566,213 units in the same period last year.
The volume surge translated into record quarterly net sales of Rs 475,344 million, up from Rs 368,020 million a year ago. Net profit rose modestly to Rs 37,940 million, from Rs 36,593 million, weighed down by a one-time provision of Rs 5,939 million linked to the implementation of new labour codes.
For the nine months ended December 2025, Maruti Suzuki also delivered its highest-ever sales volume, revenue and profit. Total sales reached 1,746,504 units, up from 1,629,631 units a year earlier, with domestic sales at 1,435,945 units and exports at 310,559 units.
Net sales for the nine-month period climbed to Rs 1,242,908 million, from Rs 1,062,589 million, while net profit rose to Rs 108,549 million, compared with Rs 104,403 million in the previous year.
The company also noted that Suzuki Motor Gujarat, its wholly owned manufacturing arm, was amalgamated into Maruti Suzuki India from 1 December, 2025, with financials restarted from 1 April, 2025.
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Boeing appoints Barun as head of FP&A for global engineering function
Seasoned finance leader to steer budgets and strategy across global centres
BENGALURU: Boeing’s finance cockpit has a new pilot, and he is no stranger to turbulence or transformation. Boeing has appointed Barun as head of FP&A for global engineering, placing him at the centre of financial strategy for its worldwide engineering and technology operations.
Based in Bengaluru, Barun steps into a role that is as expansive as it is critical. He will serve as the primary finance lead for Boeing’s Engineering and Technology Centers globally, working closely with executive leadership to shape financial decisions, manage complex budgets, and design scalable finance processes that support the company’s growing engineering footprint.
In a note announcing his move Barun said, “I’m excited to share that I’ve joined Boeing Global Engineering. This opportunity is incredibly meaningful to me not just from a professional standpoint, but also for what Boeing represents globally.” He added that he looks forward to contributing to an organisation that continues to shape the future of aerospace and innovation.
Barun’s mandate spans strategic financial leadership, operational oversight, and stakeholder engagement. From directing large-scale budgets and schedules to influencing long-term organisational goals, the role blends financial discipline with business foresight. He will also lead cross-functional teams and partner with finance colleagues worldwide to support engineering programmes across geographies, including India.
The appointment caps a long stint at Juniper Networks, where Barun spent over a decade, most recently as finance senior manager. There, he led FP&A for global product business units and G&A functions, driving budgeting, forecasting, and long-range planning. He also played a key role in enterprise-wide transformation, including spearheading an Oracle to SAP ERP migration and building advanced analytics capabilities using tools such as Tableau and SAP Analytics Cloud.
His earlier career includes finance leadership roles at Sony India Software Centre, Cognizant Technology Solutions, and Mphasis, where he focused on financial planning, governance frameworks, and operational efficiency across global delivery centres.
A chartered accountant from the Institute of Chartered Accountants of India, Barun brings nearly two decades of experience across financial planning, digital transformation, and analytics-led decision making.
His appointment comes at a time when global engineering operations are becoming increasingly complex and distributed, requiring sharper financial oversight and agile planning. With Barun at the helm of FP&A for engineering, Boeing appears to be tightening its financial playbook as it looks to scale innovation with discipline.
