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Mahindra SUV Sales Surge 25% YoY In March 2026, Record FY26 Volumes Achieved

Mahindra sold 99,969 vehicles in March 2026 and registered growth of 21 per cent in exports.

Mahindra SUV Sales Surge 25% YoY In March 2026, Record FY26 Volumes Achieved
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Mahindra & Mahindra Ltd. reported robust sales figures for March 2026, with its utility vehicle segment registering a 25 per cent year-on-year growth. Domestic SUV sales reached 60,272 units, up from 48,048 units in March 2025, while total SUV volumes, including exports, stood at 62,109 units. Overall auto sales for the month hit 99,969 vehicles, reflecting a 21 per cent increase year-on-year, including contributions from commercial vehicles and exports.

The financial year 2026 (FY26) concluded on an exceptionally strong note for Mahindra, achieving its highest-ever SUV volumes at 6,60,276 units, a 20 per cent rise from FY25's 5,51,487 units.

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Light commercial vehicles up to 3.5 tonnes (LCV 3.5T) also performed well, with domestic sales of 24,928 units in March (13 per cent growth) and FY26 total of 2,89,597 units (13 per cent YoY increase). Exports dipped slightly to 3,968 units in March but grew 18 per cent over the year to 40,990 units.

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Nalinikanth Gollagunta, CEO of the Automotive Division at Mahindra & Mahindra Ltd., highlighted the milestone: "The Financial year ended on a very positive note, with Mahindra clocking its highest-ever volumes in both SUVs & LCVs (<3.5T) segments, a significant milestone for the company. In March, we achieved SUV sales of 60,272 units, a growth of 25% and LCV <3.5T sales of 24,928 units, a growth of 11% YoY. Total vehicle sales stood at 99,969 units, a 21% YoY growth."

This performance aligns with Mahindra's strategy to bolster its SUV portfolio amid rising consumer preference for spacious, feature-rich models. The company, a leader in India's utility vehicle market, sold zero cars or vans in the passenger segment, focusing squarely on SUVs. Commercial vehicles showed stability, with LCV 2T sales flat at 3,526 units and three-wheelers surging 39 per cent to 10,801 units in March.

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