Mahindra & Mahindra has announced exceptional performance across all business segments for December 2025, with total vehicle sales reaching 86,090 units, representing a robust 25% year-on-year growth. The company achieved record-breaking volumes in both SUVs and Light Commercial Vehicles (LCVs), marking significant milestones across its automotive and farm equipment divisions.

Comprehensive Vehicle Sales Performance

The December 2025 sales figures demonstrate strong momentum across Mahindra's diverse portfolio:

Record Tractor Sales Achievement

The Farm Equipment Business delivered outstanding results with domestic tractor sales reaching 30,210 units, reflecting a remarkable 37% year-on-year growth. This performance significantly exceeded the previous year's sales of 22,019 units.

According to Veejay Nakra, President – Farm Equipment Business, the strong performance was supported by improved cash flow availability following favorable Kharif harvest yields, conducive weather conditions, and healthy reservoir levels contributing to increased Rabi sowing acreage.

Trucks & Buses Business Growth

Mahindra's Trucks & Buses division, comprising MTBD and SML Mahindra Limited, reported sales of 2,260 vehicles in December 2025, achieving 43% year-on-year growth:

Management Commentary and Market Outlook

Nalinikanth Gollagunta, CEO of Automotive Division, highlighted that calendar year 2025 ended positively with Mahindra achieving highest-ever volumes in both SUVs and LCVs segments. The company's LCV sales below 3.5T reached 24,786 units with 34% growth, while the utility vehicles segment maintained strong momentum with 23% growth.

Vinod Sahay, Executive Chairman – SML and President – Aerospace, Defence, Trucks, Buses & CE, noted that the commercial vehicle industry continued its momentum supported by favorable policy changes and demand drivers, with early signs of an upcycle expected to accelerate in Q4.

Mahindra & Mahindra has reported robust auto sales performance for December, with total vehicle sales reaching 86,000 units compared to 69,768 units in the corresponding period last year. The automaker's December performance represents a strong year-on-year growth of 23.26%, indicating sustained demand for its vehicle portfolio.

Sales Performance Overview

The company's December sales figures exceeded market expectations, with actual sales surpassing analyst estimates by a notable margin. The performance demonstrates the automaker's ability to maintain growth momentum in a competitive market environment.

Market Performance Analysis

The December sales performance reflects the company's strong positioning in the automotive sector. With actual sales of 86,000 units against estimates of 84,400 units, Mahindra & Mahindra exceeded expectations by 1,600 units, representing a 1.89% outperformance versus analyst projections.

The year-on-year growth of over 23% indicates robust underlying demand for the company's vehicle offerings and suggests effective execution of its market strategy. This performance comes amid evolving market dynamics in the Indian automotive sector.

Growth Trajectory

The substantial increase from 69,768 units to 86,000 units year-on-year demonstrates the automaker's ability to scale operations and meet growing market demand. The consistent outperformance against estimates suggests strong operational efficiency and market positioning.

This December performance adds to the company's overall growth narrative and reflects its continued focus on expanding market presence across various vehicle segments.