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Mahindra & Mahindra Ltd. ( ($IN:M&M) ) has provided an update.
Mahindra & Mahindra reported total vehicle sales of 97,177 units in February 2026, an 18% year-on-year increase, underscoring strong momentum in its automotive operations. The performance was driven largely by domestic SUV sales, which rose 19% to 60,018 units, highlighting sustained demand across the company’s utility vehicle portfolio.
Commercial vehicle sales in India reached 24,585 units, up 10%, with light commercial vehicles in the 2–3.5 tonne segment growing 12%. Three-wheeler volumes, including electric variants, surged 44% domestically, while exports climbed 11%, together signaling broad-based growth and strengthening Mahindra’s competitive position in core and emerging segments.
More about Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. is one of India’s leading automotive manufacturers, with a strong presence in utility vehicles, commercial vehicles, three-wheelers and exports. The company focuses heavily on the domestic SUV and light commercial vehicle market, while also growing its international footprint through rising export volumes across key product segments.
Average Trading Volume: 126,944
Current Market Cap: 4227.9B INR
Learn more about M&M stock on TipRanks’ Stock Analysis page.