Monthly Update10 April 2026 at 10:59 am
M&M Mar 2026 Sales up 22.36% YoY, Production up 13.25%
AI Summary
Mahindra & Mahindra Ltd (M&M) reported robust growth in its production and sales figures for March 2026. Total sales increased by 22.36% year-on-year, reaching 100,194 units, up from 81,880 units in March 2025. Production also saw a significant rise of 13.25% year-on-year, totaling 102,701 units compared to 90,690 units in the previous year. This growth was primarily driven by strong performance in the Utility Vehicles segment, including electric SUVs. However, exports experienced a decline of 6.61%, falling to 4,042 units from 4,328 units in March 2025. The company noted that these figures are unaudited and subject to final verification.
Key Highlights
- M&M's total sales grew 22.36% YoY to 100,194 units in March 2026.
- Total production increased 13.25% YoY, reaching 102,701 units.
- Exports declined by 6.61% YoY to 4,042 units for the month.
- Utility Vehicles and Electric SUVs drove domestic sales growth.
- Reported figures are unaudited and may be subject to change.