Monthly Update1 Apr 2026, 10:49 am
Mahindra & Mahindra Ltd. Achieves All-Time-High Volumes in FY26 with 20% YoY Growth in SUVs and 13% in LCVs
AI Summary
Mahindra & Mahindra Ltd., one of India’s leading automotive companies, announced its overall auto sales for March 2026 with a growth of 21% including exports. The company sold 60,272 vehicles in the domestic market in the Utility Vehicles segment, a growth of 25% and overall, 62,109 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 24,928, a growth of 11%. The financial year concluded with all-time-high volumes of 6,60,276 SUVs and 2,89,597 LCVs (<3.5T), delivering robust YoY growth of 20% and 13%, respectively, across both segments.
Key Highlights
- Mahindra achieved all-time-high volumes in FY26 with 20% YoY growth in SUVs and 13% in LCVs.
- In March 2026, Mahindra sold 60,272 utility vehicles, a growth of 25% YoY.
- Total vehicle sales in March 2026 stood at 99,969 units, a 21% YoY growth.
- Domestic sales for commercial vehicles stood at 24,928, a growth of 11%.
- Mahindra Farm Equipment Business sold 43,403 tractors in March 2026, registering a 33% year-on-year growth.