Mahindra & Mahindra delivered strong December performance with significant year-on-year growth in sales and production volumes, while facing a decline in export shipments. The automaker released its monthly business update on January 9, showcasing continued momentum in domestic operations.

December Performance Highlights

The company's December metrics demonstrate robust domestic market performance across key operational areas:

The December performance reflects continued momentum in domestic volumes alongside moderation in overseas shipments, highlighting the company's strong position in the Indian market while facing challenges in international operations.

Electric Vehicle Expansion

Mahindra unveiled electric variants of the XUV 3XO on January 6, expanding its electric vehicle portfolio in response to customer feedback. The electric version features a 39.4 kWh battery configuration and offers a real-world range of up to 285 km.

The company added the electric option to its fastest-selling SUV after receiving strong customer feedback seeking an electric powertrain alternative. Buyers were specifically requesting an electric variant for the popular XUV 3XO model, alongside the existing petrol and diesel options.

Strategic Product Development

The addition of electric variants aligns with Mahindra's broader product strategy, as demonstrated through its comprehensive approach to meeting diverse customer preferences. The move represents a direct response to market demand for electric vehicle alternatives within established model lineups.

The electric XUV 3XO launch complements the company's strong December operational performance, positioning Mahindra to capitalize on both conventional and electric vehicle market segments. This strategic expansion supports the automaker's efforts to address evolving customer preferences while maintaining its market leadership position.

Mahindra & Mahindra Limited has received an ESG rating of 69 (Strong) from ESG Risk Assessments & Insights Limited, a SEBI-registered ESG Rating Provider. The rating, which represents the highest score in the industry, was communicated to the company on January 8, 2026, at 22:51 hours and formally disclosed to stock exchanges on January 9, 2026.

ESG Rating Details

The comprehensive ESG assessment was conducted independently by ESG Risk Assessments & Insights Limited as part of their annual ESG evaluation process. The rating provider utilized publicly available company data to conduct their analysis without direct engagement from Mahindra & Mahindra Limited.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by informing multiple stock exchanges about this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to the National Stock Exchange of India Limited, BSE Limited, The Luxembourg Stock Exchange, and London Stock Exchange Plc.

Company Secretary Sailesh Kumar Daga signed the official communication, emphasizing that the rating was assigned independently without any direct engagement between the company and the rating provider. The assessment was based entirely on information available in the public domain.

Transparency and Public Access

In line with transparency practices, Mahindra & Mahindra Limited has also uploaded this intimation on the company's official website at www.mahindra.com , ensuring stakeholders have access to this important ESG development. The strong ESG rating reflects the company's commitment to environmental, social, and governance practices as evaluated through publicly available data and industry benchmarks.