Mahindra & Mahindra Limited has informed the Exchange regarding a press release dated March 01, 2026, titled "Three Press Releases issued by Mahindra & Mahindra Limited ".
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Mahindra & Mahindra shared its February 2026 monthly sales numbers across three businesses. The Auto division sold 97,177 total vehicles (up 18% year-on-year), driven by 60,018 SUVs in the domestic market (up 19%). The Farm Equipment Business reported strong tractor sales of 32,153 units domestically (up 35%) and 34,133 units total including exports (up 34%), citing positive rural sentiment from rabi sowing and good reservoir levels. The Trucks & Buses business (MTBD + SML combined) sold 3,018 vehicles, up 13% year-on-year, with SML Mahindra growing 17% and cargo vehicles up 12%. Year-to-date (YTD) figures remain healthy across all segments, with SUVs up 19%, tractors up 24%, and trucks/buses up 16% versus the prior year.
Broad-based double-digit growth across SUVs, tractors, and trucks & buses signals strong demand momentum and should be viewed positively by shareholders. The standout 35% surge in domestic tractor sales and sustained 19% SUV growth reinforce Mahindra's leadership in core segments, likely supporting positive sentiment around the stock.