
April 01, 2026, Mumbai: Mahindra & Mahindra (M&M) has concluded the 2025-26 fiscal year on a high note, demonstrating significant strength in the Indian automotive market. The company reported a strong performance in its passenger vehicle portfolio, specifically within its core SUV segment. This continues to be the primary factor of its domestic growth.
Check out the Mahindra Feb-2026 Sales Report
Mahindra's passenger vehicle segment, which is now entirely comprised of Utility Vehicles (UVs), saw impressive year-on-year growth in March 2026. The company successfully clocked 60,272 units in the domestic market alone, maintaining strong momentum as the financial year ended.
|
Passenger Vehicles Sales Summary (Domestic) – March 2026 |
|||
|
Category |
F26 |
F25 |
% Change |
|
Utility Vehicles |
60,272 |
48,048 |
25% |
|
Passenger Vehicles |
60,272 |
48,048 |
25% |
Beyond the monthly performance, the Year-to-Date (YTD) statistics reveal a milestone year for the brand. Mahindra surpassed the 6.6 lakh unit mark (6,60,276) for SUVs in FY26, representing a solid 20% increase compared to 5,51,487 units sold in the previous fiscal year. This consistent performance underscores the high demand for Mahindra's flagship models and its successful production ramp-up throughout the year.
|
Passenger Vehicles Sales Summary (Domestic) – YTD March |
|||
|
Category |
F26 |
F25 |
% Change |
|
Utility Vehicles |
6,60,276 |
5,51,487 |
20% |
|
Passenger Vehicles |
6,60,276 |
5,51,487 |
20% |
Commenting on the achievement, Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd., highlighted the significance of these figures as:
"The Financial year ended on a very positive note, with Mahindra clocking its highest-ever volumes in the SUV segment, a significant milestone for the company. In March, we achieved SUV sales of 60,272 units, a growth of 25%."
Mahindra & Mahindra's focus on a "pure-play" SUV strategy continues to yield dividends, as evidenced by the record-breaking volumes in FY26. By ending the year with a 25% domestic growth in March, the company now enters the new fiscal year with strong tailwinds.
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