New Delhi, April 25 -- Maruti Suzuki India Ltd is concerned about the Indian car market's growth prospects due to consumers' diminishing interest in paying more for small cars.

The country's largest car seller witnessed just 3% growth in its domestic car sales on-year in 2024-25, while its net profit grew by 7.5% to Rs.14,500 crore and revenue 7.7% to Rs.1.53 trillion.

For the March quarter, the carmaker's consolidated profit declined 1% to Rs.3,911 crore on-year, as against Bloomberg's estimate of a nearly 7% fall.

"Growth in the domestic market has been very limited. For a country with such low penetration of cars, the growth rate of 2-3% is not going to increase it at all. It is a matter of some worry," said R.C. Bhargava, chairman ...