Mahindra & Mahindra Limited — Important, 01-06-2025: Monthly Business Updates

Mahindra & Mahindra’s auto division saw vehicle sales rise 17% to 84,110 units, driven by a 21% jump in domestic utility vehicle sales to 52,431 units. Commercial vehicles were mixed, with LCV <2T down 18%, but 2T–3.5T up 14%. Exports increased 37%. The Farm Equipment Business sold 38,914 tractors domestically (+10%) and 1,729 in exports (-8%). Strong rural demand, aided by a favorable monsoon outlook and MSP hikes, supports tractor sales. Overall, solid growth in SUVs, tractors, and exports signals robust demand.