NSEMonthly Business Updates1 Jul 2026 · 1 Jul 2026, 08:52 am
Monthly Business Updates
Mahindra & Mahindra Limited · M&M
✦ AI Summary▲ PositiveOrder Win
Mahindra & Mahindra Limited has announced its monthly business updates for June 2026, reporting a 37% growth in total vehicle sales to 1,06,207 units, with a 28% growth in utility vehicle sales to 60,393 units. The company's farm equipment business also reported a 12% growth in tractor sales to 58,177 units.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Mahindra & Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of June 2026
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Mahindra & Mahindra Ltd.
R,SG
mahindra Mahindra Towers,
Dr. G. M. Bhosale Marg,
Worli, Mumbai 400 018 India
Tel: +91 22 2490 1441
Fax: +91 22 2490 0833
www.mahindra.com
Ref.: M&M/SEC/2026-27/062
1st July 2026
National Stock Exchange of India Limited BSE Limited
Scrip Code: M&M Scrip Code: 500520
Dear Sir/Ma’am,
Sub: Three Press Releases issued by Mahindra & Mahindra Limited
Please find enclosed three Press Releases issued by Mahindra & Mahindra Limited.
Yours sincerely,
For MAHINDRA & MAHINDRA LIMITED
Sailesh Kumar Daga
Company Secretary
FCS: 4164
Encl: as above
CC: Luxembourg Stock Exchange
London Stock Exchange Plc
ISIN: USY541641194
Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 6897 5500 | Fax:
+91 22 22875485 | Email: group.communication@mahindramail.com | mahindra.com |
CIN No. L65990MH1945PLC004558
mahindra Mahindra & Mahindra Ltd.
www.mahindra.com
Press Release
Mahindra Auto clocks 60,393 SUVs, a growth of 28% and 1,06,207 total
vehicle sales, a growth of 37% in June 2026
Mumbai, July 01, 2026: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading
automotive companies, today announced that its overall auto sales for the month of June
2026 stood at 1,06,207 vehicles, a growth of 37% including exports.
In the Utility Vehicles segment, Mahindra sold 60,393 vehicles in the domestic market, a
growth of 28% and overall, 61,504 vehicles, including exports. The domestic sales for
Commercial Vehicles stood at 26,076, a growth of 35%.
According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., “In June
we achieved SUV sales of 60,393 units and LCV <3.5T segment sales of 26,076 units
delivering robust growth of 28% and 35%, respectively. The total vehicle sales stood at
1,06,207, a 37% YoY growth reflecting all-round demand traction across the portfolio.”
Passenger Vehicles Sales Summary (Domestic) – June 2026
June YTD June
Category
F27 F26 % Change F27 F26 % Change
Utility Vehicles* 60393 47306 28% 174745 152067 15%
Cars + Vans 0 0
Passenger Vehicles 60393 47306 28% 174745 152067 15%
Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – June 2026
June YTD June
Category
F27 F26 % Change F27 F26 % Change
LCV < 2T** 3508 2576 36% 9982 7808 28%
LCV 2 T – 3.5 T*** 22568 16772 35% 63600 53631 19%
3 Wheelers
13820 8454 63% 36255 20559 76%
(including electric 3Ws)**
Exports – June 2026
June YTD June
Category
F27 F26 % Change F27 F26 % Change
Total Exports** 5918 2634 125% 15888 9661 64%
Note- Total vehicle sales of 106207 units include SUVs, LCVs (<3.5T), 3-wheelers, and export volumes
* Above UV Sales includes sales made by subsidiary company Mahindra Electric Automobile Limited
** Above Sales Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited
***Above Sales includes Bolero Maxx PUP HD 1.9 & HD 2.0
mahindra Mahindra & Mahindra Ltd.
www.mahindra.com
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational
federation of companies with 3,24,000 employees in over 100 countries. It enjoys a
leadership position in farm equipment, utility vehicles, information technology and financial
services in India and is the world’s largest tractor company by volume. It has a strong
presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity
and enhancing urban living, with a goal to drive positive change in the lives of communities
and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook:
@MahindraRise/ For updates subscribe to https://www.mahindra.com/newsroom
Media contact information
Nayana Borthakur
Head - Communications
Automotive & Farm Equipment Sector
Mahindra & Mahindra Limited
Email - borthakur.nayana@mahindra.com
mahindra Rse Mahindra & Mahindra Ltd.
www.mahindra.com
Mahindra Farm Equipment Business sells 58,177 Tractors in June
2026 registering a growth of 12%
Mumbai, July 01, 2026: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB),
part of the Mahindra Group, today announced its tractor sales numbers for June 2026.
Domestic sales in June 2026 were at 58,177 units, as against 51,769 units in June
2025, reflecting a 12% year-on-year growth.
Total tractor sales (Domestic + Exports) during June 2026 were at 59,935 units, as
against 53,392 units for the same period last year. Exports for the month stood at 1,758
units.
Commenting on the performance, Veejay Nakra, President – Farm Equipment
Business, Mahindra & Mahindra Ltd. said “We have sold 58,177 tractors in the
domestic market during June 2026 registering a growth of 12% over last year. While it
is early to assess the full impact of emerging El Niño conditions, strong government
interventions like sustained fertilizer subsidies and targeted support measures at the
local level are expected to mitigate some of the risk to farmers and cushion its impact
to the Kharif season. In the export markets, we have sold 1,758 tractors, a growth
of 8% over last year.”
Farm Equipment Sector Summary
June Cumulative June
F27 F26 % Change F27 F26 % Change
Domestic 58177 51769 12% 152426 129199 18%
Exports 1758 1623 8% 5615 4890 15%
Total 59935 53392 12% 158041 134089 18%
*Exports include CKD
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired
multinational federation of companies with 3,24,000 employees in over 100 countries.
It enjoys a leadership position in farm equipment, utility vehicles, information
technology and financial services in India and is the world’s largest tractor company by
volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality
and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural
prosperity and enhancing urban living, with a goal to drive positive change in the lives
of communities and stakeholders to enable them to Rise.
mahindra Rse Mahindra & Mahindra Ltd.
www.mahindra.com
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook:
@MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Media contact information
Nayana Borthakur
Head – Communications
Automotive & Farm Sector (Corporate)
Mahindra & Mahindra Limited
Email – borthakur.nayana@mahindra.com
mahindra Mahindra & Mahindra Ltd.
www.mahindra.com
Press Release
Mahindra’s Trucks & Buses Business sells 3249 vehicles
in June 2026
Mumbai, July 1, 2026: Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its
overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month
of June 2026 stood at 3249 vehicles, a y-o-y growth of 5%.
Mahindra’s Trucks & Buses business comprises of Mahindra Trucks & Buses division
(MTBD) and SML Mahindra Limited (SML).
According to Vinod Sahay, Executive Chairman – SML, President – Aerospace,
Advanced Technologies, Trucks, Buses & CE, M&M, “The CV industry continues to
benefit from infrastructure-led demand and an ongoing replacement cycle in medium term.
However, recent increases in fuel prices and pressure on freight economics has tempered
fleet expansion and vehicle replacement decisions in the near term. We are closely
monitoring the evolving cost pressures and broader macroeconomic uncertainties
impacting industry sentiment and implementing appropriate mitigation measures.”
Trucks & Buses Business (MTBD+SML) – June 2026
June YTD June
Category
F27 F26 % Change F27 F26 % Change
Cargo Vehicles 1138 1276 -11% 3450 3502 -1%
Passenger Vehicles 2111 1822 16% 5939 4947 20%
MTBD + SML Total 3249 3098 5% 9389 8449 11%
Mahindra Trucks & Buses (MTBD) – June 2026
June YTD June
Category
F27 F26 % Change F27 F26 % Change
Cargo Vehicles 783 796 -2% 2341 2220 5%
Passenger Vehicles 536 431 24% 1610 1303 24%
MTBD Total 1319 1227 7% 3951 3523 12%
SML Mahindra Limited (SML) – June 2026
Category June YTD June
F27 F26 % Change F27 F26 % Change
Cargo Vehicles 355 480 -26
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