StockWatch
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Commercial Vehicles
Monthly Update1 Aug 2026, 09:30 am

SML Mahindra July 2026 Sales Up 12% YoY

AI Summary

SML Mahindra Ltd reported its sales figures for July 2026, showing a 12% year-on-year increase in total sales to 1603 units compared to 1427 units in July 2025. This growth was primarily driven by a significant 21% rise in passenger vehicle sales, which reached 1186 units. Cargo vehicle sales, however, saw a slight decline of 7% to 417 units. For the April-July 2026 period, total sales increased by 11% to 7041 units, with passenger vehicles up 19% and cargo vehicles down 12%.

Key Highlights

  • Total sales for July 2026 grew 12% year-on-year.
  • Passenger vehicle sales surged 21% in July 2026.
  • Cargo vehicle sales declined 7% in July 2026.
  • Year-to-date sales (Apr-Jul 2026) increased by 11%.