Mahindra & Mahindra sells 1.14 lakh auto units in Sept'26
The auto sales figure for the same period last year was 100,298 vehicles.
In the utility vehicles segment, Mahindra sold 64,092 vehicles in the domestic market, a growth of 14% and overall, 114,874 vehicles, including exports. The domestic sales for commercial vehicles stood at 30,420 a growth of 14%.
Total exports, however, declined by 7% to 4,019 vehicles in September 2026 over September 2025.
Dr Velusamy R, president, automotive business, Mahindra & Mahindra: In September, SUV sales clocked 64,092 units with a growth of 14%, and total vehicle sales stood at 114,874, a 15% YoY growth.
Adding to this momentum, we are proud to have crossed the milestone of 1 lakh billing of our Electric Origin SUVs since launch.
M&M's Farm Equipment Business (FEB) has also announced its tractor sales numbers for September 2026.
Domestic sales in September 2026 were at 50,208 units, as against 64,946 units in September 2025, a 23% year-on-year degrowth. This year-on-year decline in volumes is primarily attributable to the festive season shift, commencing in October this year, as compared with September last year.
The comparison is also impacted by a higher base in September 2025, which benefited from the implementation of the GST rate cut during the period. Exports for the month stood at 1,892 units, growth of 62% over last year.
Veejay Nakra, president, Farm Equipment Business, Mahindra & Mahindra, said: ?We have sold 50,208 tractors in the domestic market during September 2026.
The year-on-year decline in volumes is primarily attributable to the festive season shift, commencing in October this year, as compared with September last year.
The comparison is also impacted by a higher base in September 2025, which benefited from the implementation of the GST rate cut during the period. In the exports market, we have sold 1,892 tractors.
Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate.
The company?s consolidated net profit climbed 33.58% to Rs 5,454.54 crore on 27.8% increase in revenue from operations to Rs 58,187.57 crore in Q1 FY27 over Q1 FY26.
The scrip fell 2.63% to currently trade at Rs 2870 on the BSE.
Powered by Capital Market - Live News