Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of March 2026
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Mahindra reported strong March 2026 performance across all divisions. Auto sales reached 99,969 vehicles (21% YoY growth) with SUVs at 60,272 units (25% growth). Farm equipment sold 43,403 tractors (33% growth) with FY26 annual record of 505,930 units (24% growth). Trucks & Buses sold 4,267 vehicles (13% growth). FY26 ended with all-time high volumes: 660,276 SUVs (+20%) and 289,597 LCVs (<3.5T) (+13%). Exports declined 4% for auto and 31% for tractors. The CEO highlighted the milestones achieved across SUV and LCV segments.
Mahindra delivered record-breaking FY26 volumes with broad-based growth across auto, tractors, and CV segments. Strong SUV and tractor demand signals continued market leadership. Export weakness in tractors may need monitoring but domestic performance remains robust.