Maruti Suzuki's standalone profit fell 27 percent to Rs 2,414.9 crore in the July to September quarter, from Rs 3,302.8 crore a year earlier.

Net sales rose 26 percent to a record Rs 50,615.5 crore, but costs grew faster than revenue.

Raw material and component costs jumped 48 percent to Rs 37,488.4 crore, from Rs 25,324.1 crore a year earlier.

Material costs reached 79.9 percent of net sales, up from 75.7 percent. The company blamed higher commodity prices linked to the West Asia conflict.

The operating EBITDA margin narrowed to 9.4 percent from 12.7 percent a year earlier.

On a consolidated basis, net profit fell 26.4 percent to Rs 2,466.1 crore.

The carmaker sold 696,654 vehicles in the quarter, up 26.5 percent. It said demand still exceeds supply after adding capacity.

Pending bookings stood at about 200,000 vehicles at the end of September, and dealer stock was about 17 days of sales.

Domestic market share rose 2.2 percentage points to 40.8 percent. Exports dipped slightly to 108,119 units.

First half sales reached 1,379,378 units, the company's best half year ever and up 27.9 percent.

Read the full article for Maruti Suzuki's complete second quarter numbers.