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Live2026-08-22 13:04 UTC+13 todayUpdated
Mahindra & MahindraBy Business

Mahindra Auto sales rise 18% to 97,177 vehicles in February 2026

Mahindra & Mahindra reported 97,177 total vehicle sales in February 2026, up 18% year-on-year, with SUV sales climbing 19% to 60,018 units.

Total vehicle sales
97,177
SUV sales
60,018
Commercial vehicle sales
24,585
Exports
3,384

What Happened

Mahindra & Mahindra's overall auto sales in February 2026 reached 97,177 vehicles, up 18% year-on-year including exports. Domestic utility vehicle sales grew 19% to 60,018 units, and including exports the segment sold 60,685 vehicles. Domestic commercial vehicle sales rose 10% to 24,585 units.

Total vehicle sales

97,177vehicles

up 18% year-on-year in February 2026

February 2026 sales by segment (domestic unless noted)
  • Utility vehicles: 60,018 units, up 19%
  • LCVs under 2 tonnes: 3,169 units, down 4%
  • LCVs 2–3.5 tonnes: 21,416 units, up 12%
  • Three-wheelers (including electric): 9,190 units, up 44%
  • Total exports: 3,384 units, up 11%
“February saw SUV sales of 60,018 units, a growth of 19% reflecting robust customer demand across the portfolio. Total vehicle sales stood at 97,177 units, an 18% year-on-year growth.”
— Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd.
Fiscal year-to-date (April–February) sales: FY26 vs FY25
Utility vehicles
600,004 vs 503,439 (+19%)
Three-wheelers
101,202 vs 78,080 (+30%)
Total exports
37,022 vs 30,511 (+21%)

For the fiscal year to date, LCVs under 2 tonnes fell 2% to 34,594 units, while LCVs from 2 to 3.5 tonnes rose 16% to 230,075. Total vehicle sales include SUVs, LCVs under 3.5 tonnes, three-wheelers, and export volumes. Passenger vehicle sales consisted entirely of utility vehicles, with zero cars or vans sold in February.

Why this matters

The 18% sales growth reflects robust customer demand across Mahindra's vehicle portfolio, as the CEO noted. Strong SUV sales and a 44% jump in three-wheelers show momentum across segments, which is significant for Mahindra's position in India's auto market and for its dealers and suppliers.

Terms in This Story

Utility Vehicle
A vehicle designed for off-road capability or rugged use, including SUVs.
LCV
Light Commercial Vehicle, a small truck or van used for business purposes.
YTD
Year-to-date, the period from the start of the fiscal year to the current date.
Read Original: Mahindra & Mahindra

Summarised from the linked release; details can be imperfect — always verify against the original source.

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