Mahindra & Mahindra Limited — Important, 01-01-2026: Monthly Business Updates

Mahindra's December performance was robust. Auto sales reached 86,090 units (+25%), with record SUV (50,946 units, +23%) and LCV (24,786 units, +34%) volumes. Farm Equipment sales grew 39% to 31,859 tractors, driven by strong domestic and export growth, with demand expected to continue. Trucks & Buses surged 43% to 2,260 vehicles, anticipating Q4 acceleration as the commercial vehicle industry sees an upcycle.