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Mahindra & Mahindra achieved total sales of 1,14,874 units in month of September 2026 compared to 1,00,298 units in September 2025, recording a growth of 15%.
Total sales comprised of domestic sales of 1,10,855 units (up 16% YoY) and exports of 4,019 units (down 7% YoY).
The company achieved passenger vehicle sales of 64,092 units (up 14% YoY) and commercial vehicle sales of 46,763 units (up 18% YoY) during the month.
According to Dr Velusamy R, President, Automotive Business, Mahindra & Mahindra, “In September, SUV sales clocked 64092 units with a growth of 14%, and total vehicle sales stood at 114874, 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.”
Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of September 2026 stood at 2912 vehicles, a y-o-y growth of 53%.
Mahindra's Trucks & Buses business comprises of Mahindra Truck & Bus division (MTBD) and SML Mahindra (SML).
According to Vinod Sahay, Executive Chairman – SML, President – Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, “September marked a strong month for the truck and bus segment, helped by early festive buying, continued infrastructure activity and steady freight movement. Growth was further aided by the lower base of the previous year, when buying sentiment was impacted by anticipated regulatory changes. We enter the festive period with measured confidence even as fuel and input cost pressures persist.'
Commenting on the performance, 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.”
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.
Tata Motors Passenger Vehicles Ltd lost 1.91% today to trade at Rs 277.6. The BSE Auto index is down 0.75% to quote at 58243.5. The index is down 8.62 % over last one month. Among the other constituents of the index, Samvardhana Motherson International Ltd decreased 1.35% and Mahindra & Mahindra Ltd lost 1.07% on the day. The BSE Auto index went down 1.42 % over last one year compared to the 9.62% fall in benchmark SENSEX.
Tata Motors Passenger Vehicles Ltd has lost 12.98% over last one month compared to 8.62% fall in BSE Auto index and 5.99% drop in the SENSEX. On the BSE, 44425 shares were traded in the counter so far compared with average daily volumes of 8.02 lakh shares in the past one month. The stock hit a record high of Rs 447.7 on 03 Oct 2025. The stock hit a 52-week low of Rs 277.3 on 29 Sep 2026.
Mahindra & Mahindra announced its production, sales and export figures for month of August 2026 as under:
Aug-26
Aug-25
% change
Production
1,14,737
89,509
28%
Sales
1,04,009
74,027
41%
Export
6,134
3,575
72%
Total sales include domestic sales of 1,01,594 units (up 40% YoY) and exports of 6,054 units (up 71% YoY).
Total sales comprised of passenger vehicle sales of 59,257 units (up 50% YoY) and commercial vehicle sales of 42,337 units (up 28% YoY).
According to Dr Velusamy R, President, Automotive Business, Mahindra & Mahindra , “In August, we achieved SUV sales of 59257 units delivering growth of 50%, and total vehicle sales stood at 107648, a 42% YoY growth. Demand continues to remain strong across our portfolio, with the updated Scorpio-N and BE 6 SPORTEQ receiving strong market response from customers. We look forward to building on this momentum during the festive season.”