Mahindra Kicks Off FY27 Strong: SUV Sales Up 8%, Total Volumes Surge 14%

Mahindra Auto sells 56,331 SUVs, a growth of 8 per cent YoY and total volumes of 94,627, a growth of 14 per cent in April 2026.

In a press release on Friday, the auto giant highlighted a steady start to the new fiscal year across both its automotive and farm equipment divisions.

"The year 2027 has begun on a positive note in April by achieving SUV sales of 56331 units, a growth of 8 per cent and total vehicle sales of 94627 units, a 14 per cent growth over the same month last year," Nalinikanth Gollagunta, CEO of the Automotive Division at M&M Ltd., stated.

The momentum extended to the agricultural sector, where the Farm Equipment Business recorded significant double-digit gains.

Veejay Nakra, President of the Farm Equipment Business at Mahindra & Mahindra Ltd., said, "We have sold 46,404 tractors in the domestic market during April 2026 registering a growth of 20 per cent over last year.”

The company's heavy commercial vehicle interests, encompassing the Trucks and Buses business through its MTBD and SML divisions, also saw an upward trend.

Combined sales for vehicles exceeding 3.5 tonnes reached 3,011 units, representing an 11 per cent year-on-year increase.

While passenger-carrying commercial vehicles grew by 14 per cent, cargo vehicles saw a more modest rise of 8 per cent during the month.

Vinod Sahay, Executive Chairman of SML and President of multiple M&M divisions, stated, "The CV industry experienced moderation in April due to the fiscal year transition, inflationary pressures, and heightened geo-political uncertainties. We continue to closely monitor supply chain risks and elevated input costs, which could impact demand in the coming months".

(With inputs from ANI)