Mahindra & Mahindra Reports 25% Growth in December 2025 Vehicle Sales
Filing Summary
Mahindra & Mahindra Ltd. announced a 25% increase in total vehicle sales for December 2025, reaching 86,090 units. The company’s SUV sales in the domestic market rose by 23% to 50,946 units. Commercial vehicle sales under 3.5 tons increased by 34% to 24,786 units. The Farm Equipment Business reported a 37% growth in domestic tractor sales, totaling 30,210 units. The Trucks and Buses division saw a 43% rise in sales, with 2,260 vehicles sold. Export figures showed a 9% decline, totaling 2,820 units for the month.
Mahindra & Mahindra Ltd. reported a total vehicle sales figure of 86,090 units for December 2025, marking a 25% growth compared to the previous year. The company’s domestic sales in the Utility Vehicles segment reached 50,946 units, reflecting a 23% increase. The total sales figure includes SUVs, light commercial vehicles (LCVs) under 3.5 tons, 3-wheelers, and export volumes.
In the financial breakdown, Mahindra’s domestic sales for commercial vehicles under 3.5 tons stood at 24,786 units, showing a 34% growth. The company’s export sales for December 2025 were 2,820 units, which represents a 9% decline from the previous year. The Farm Equipment Business reported 30,210 tractors sold domestically, a 37% increase from December 2024. Total tractor sales, including exports, were 31,859 units, with exports alone growing by 78% to 1,649 units.
Operationally, Mahindra’s Trucks and Buses business, which includes Mahindra Trucks & Buses division and SML Mahindra Limited, sold 2,260 vehicles in December 2025, a 43% increase year-on-year. The sales in this segment are divided into cargo and passenger vehicles, with cargo vehicles accounting for 1,346 units and passenger vehicles for 914 units. The Mahindra Trucks & Buses division alone sold 1,216 units, while SML Mahindra Limited contributed 1,044 units to the total.
The timeline for these sales figures is strictly for the month of December 2025. The year-to-date figures for December 2025 show a consistent growth pattern across various segments, with utility vehicles and commercial vehicles under 3.5 tons showing significant increases over the previous year.
The entities involved in these operations include Mahindra & Mahindra Ltd., Mahindra Trucks & Buses division, SML Mahindra Limited, and Mahindra Electric Automobile Limited. Each division is responsible for different segments of the vehicle market, contributing to the overall sales figures reported.
In the market context, Mahindra’s performance in December 2025 reflects a strong demand in the domestic market for both utility and commercial vehicles. The growth in tractor sales is attributed to improved cash flow availability and favorable agricultural conditions. The Trucks and Buses division’s growth is supported by favorable policy changes and demand drivers in the commercial vehicle industry.
Mahindra & Mahindra Ltd. is a leading Indian multinational company with a strong presence in automotive, farm equipment, and financial services. The company is the world’s largest tractor manufacturer by volume and has significant operations in renewable energy, logistics, and real estate. Mahindra focuses on enabling rural prosperity and enhancing urban living through its diverse business operations.