New Delhi, Nov. 3 -- Maruti Suzuki India Ltd's latest management commentary has spurred hopes of brighter days after the September quarter (Q2FY26).

The company's exports jumped 42% year-on-year, supporting overall Q2 growth even as domestic sales fell by 5% because customers deferred purchases since the goods and services tax (GST 2.0) announcement in August. But GST 2.0-powered festive sales since 22 September, when the new rates came into effect, promise to bring back volume growth. GST rates on small cars have been slashed from 29-31% (including cess) to 18% and this should bode well for India's leading small car maker Maruti, whose shares are up 25% since mid-August.

Small cars rebound

Almost 50% of Maruti's sales come from small ...