Maruti Suzuki India on Friday reported a 10.8% decline in standalone net profit for the June quarter as surging raw material costs squeezed margins despite posting record vehicle sales, robust SUV demand and higher exports. While revenue rose nearly 36% year-on-year and marginally beat Street estimates, operating profit fell well short of expectations as commodity inflation offset the benefits of higher volumes. The country’s largest carmaker posted a standalone net profit of Rs 3,352 crore during the period, compared with Bloomberg estimates of Rs 3,440 crore. Revenue from operations rose to Rs 52,456 crore, slightly ahead of estimates of Rs 52,309 crore, while Ebitda came in at Rs 4,311 crore against estimates of Rs 5,218 crore.