Mahindra & Mahindra filed its monthly production, sales, and export figures for April 2026 with the stock exchanges on 9th May 2026. According to the official filing, the company recorded total production of 95,276 units and total sales of 92,631 units for the month, alongside exports of 5,007 units. The figures cover the company's automotive operations including utility vehicles, three-wheelers, vans, e-rickshaws, e-carts, and commercial vehicles, and include sales made by subsidiary companies Mahindra Electric Automobile Limited, Mahindra Last Mile Mobility Limited, and SML Mahindra Limited (formerly SML Isuzu Limited).

Overall Monthly Performance

The company's aggregate performance for April 2026 reflected broad-based volume growth across segments. The following table presents the headline production, sales, and export figures compared to the same month in the previous year.

Utility Vehicles Segment

The utility vehicles segment remained the core of Mahindra's automotive portfolio in April 2026. The Electric Origin SUV recorded strong momentum with sales of 6,023 units compared to 2,991 units in April 2025. The XUV7XO (diesel and petrol combined) posted sales of 8,629 units in April 2026. The Scorpio (diesel and petrol combined) recorded sales of 14,719 units, while the Bolero posted sales of 8,917 units. The Thar and Thar Roxx combined sold 10,459 units across diesel and petrol variants. The XUV3XO (petrol) recorded sales of 6,008 units with exports of 1,289 units, while the XUV3XO and XUV400 (diesel and electric combined) posted sales of 1,575 units.

The model-wise utility vehicle production, sales, and export data for April 2026 versus April 2025 is presented below.

Note: UV sales include sales made by subsidiary company Mahindra Electric Automobile Limited.

Three-Wheeler, Van, and Last Mile Mobility Segment

The three-wheeler and last mile mobility segment demonstrated notable growth in April 2026. The Treo (3W-Pass, Electric) recorded sales of 4,917 units versus 4,213 units in April 2025, while the newly introduced Udo (Electric) posted sales of 3,527 units. The Zor Grand (Electric, 3W-Goods) recorded sales of 523 units. E-rickshaw and e-cart variants including the e-Alfa Mini, Treo Yaari, and e-Alfa Cargo continued to contribute to the last mile mobility portfolio.

Note: Above sales include sales made by subsidiary company Mahindra Last Mile Mobility Limited.

Commercial Vehicles

The commercial vehicles segment, which includes sales made by Mahindra Last Mile Mobility Limited and SML Mahindra Limited (formerly SML Isuzu Limited), recorded production of 30,197 units and sales of 26,401 units in April 2026, compared to production of 26,879 units and sales of 24,481 units in April 2025. Exports from the commercial vehicles segment stood at 3,492 units in April 2026, compared to 799 units in April 2025.

Farm Equipment Business Growth

The farm equipment business delivered strong results with domestic tractor sales reaching 46,404 units in April 2026, compared to 38,516 units in the same period last year, reflecting a 20% year-on-year growth. Total tractor sales, including exports, stood at 48,411 units against 40,054 units in the previous year. Exports for the month reached 2,007 units, showing a 30% growth over the previous year.

Veejay Nakra, President of the Farm Equipment Business, highlighted the strong performance despite the absence of Chaitra Navratri in April this year, unlike the previous year when April included seven Navratri days.

Trucks and Buses Business

The trucks and buses business, comprising the Mahindra Trucks & Buses division (MTBD) and SML Mahindra Limited, recorded overall sales of 3,011 vehicles in April 2026, an 11% year-on-year growth. The business noted challenges including fiscal year transition, inflationary pressures, and geopolitical uncertainties.

Nalinikanth Gollagunta, CEO of the Automotive Division, noted that the year began on a positive note with the company achieving significant growth in both SUV and total vehicle sales. The above figures have not been independently verified or audited, and final figures after audit may vary, as stated in the official filing.

Mahindra & Mahindra recorded a block trade on the National Stock Exchange (NSE), with approximately 72,240 shares changing hands at a price of ₹3283.00 per share. The total value of the transaction amounted to ₹23.72 crores, reflecting significant activity in the stock.

Block Trade Details

The following table summarises the key parameters of the block trade:

Block trades are typically executed by large institutional investors or high-net-worth individuals and are carried out outside the regular order book to minimise market impact. Such transactions are a standard feature of equity markets and indicate substantial interest from sizeable market participants in the scrip.