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Mahindra & Mahindra Ltd. — Earnings Release 2026
Aug 1, 2025
60223_rns_2025-08-01_ac1cbe97-6c31-41fc-aff1-ef35b70f380b.pdf
Earnings Release
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Mahindra & Mahindra Ltd . Mahindra Towers, Dr. G. M. Bhosale Marg, Worli, Mumbai 400 018 India
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Tel: +91 22 2490 1441 Fax: +91 22 2490 0833 www.mahindra.com
1[st] August, 2025
National Stock Exchange of India Limited BSE Limited "Exchange Plaza", 5[th] Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block Dalal Street, Fort, Bandra-Kurla Complex Mumbai 400001. Bandra (East), Mumbai 400051.
35A Boulevard Joseph II, 10 Paternoster Square L-1840 Luxembourg. London EC4M 7LS.
Dear Sirs,
Sub: Two Press Releases issued by Mahindra & Mahindra Limited
Please find enclosed two Press Releases issued by Mahindra & Mahindra Limited. Kindly take the same on record.
Please acknowledge receipt of the same.
Yours sincerely, For MAHINDRA & MAHINDRA LIMITED
Sailesh Digitally signed by Sailesh Kumar Daga Kumar Daga Date: 2025.08.01 09:58:52 +05'30' SAILESH KUMAR DAGA COMPANY SECRETARY
Encl: as above
Regd. Office: Gateway Building, Apollo Bunder, Mumbai 400 001, India | Tel: +91 22 6897 5500 | Fax: +91 22 22875485 | Email: [email protected] | mahindra.com | CIN No. L65990MH1945PLC004558
Mahindra & Mahindra Ltd . www.mahindra.com
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Press Release
Mahindra Auto sells 49,871 SUVs, a 20% growth and total volumes of 83,691, a 26% growth in July 2025
Mumbai, August 01, 2025: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that its overall auto sales for the month of July 2025 stood at 83,691 vehicles, a growth of 26% , including exports.
In the Utility Vehicles segment, Mahindra sold 49,871 vehicles in the domestic market, a growth of 20% and overall, 50,835 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 21,571 .
According to Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd. , “In July, we achieved SUV sales of 49,871 units, a growth of 20%, and total vehicle sales of 83,691 units, a 26% growth compared to the same month last year. Our SUV growth has been supported by the recent launch of XUV 3XO 'REVX' Series & the commencement of deliveries for Pack two variants of the BE 6 and XUV 9E models.”
Passenger Vehicles Sales Summary (Domestic) – July 2025
| Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 | Passenger Vehicles Sales Summary (Domestic) – July 2025 |
|---|---|---|---|---|---|---|
| Category | July | YTD July | ||||
| F26 | F25 | **% Change ** | F26 | F25 | **% Change ** | |
| UtilityVehicles* | 49871 | 41623 | 20% | 201938 | 165871 | 22% |
| Cars + Vans | 0 | 0 | ||||
| Passenger Vehicles |
49871 | 41623 | 20% | 201938 | 165871 | 22% |
| Commercial Vehicles and 3 Wheelers | Sales Summary (Domestic) – July 2025 | |||||
| Category | July | YTD July | ||||
| F26 | F25 | % Change | F26 | F25 | % Change | |
| LCV < 2T** | 2763 | 3036 | -9% | 10571 | 12791 | -17% |
| LCV 2 T – 3.5 T*** | 17701 | 15751 | 12% | 71332 | 65128 | 10% |
| LCV > 3.5T + MHCV | 1107 | 926 | 20% | 4624 | 4320 | 7% |
| 3 Wheelers (including electric 3Ws)** |
9475 | 3593 | 164% | 30034 | 21244 | 41% |
| Exports – July 2025 | ||||||
| Category | July | YTD July | ||||
| F26 | F25 | % Change | F26 | F25 | % Change | |
| Total Exports** | 2774 | 1515 | 83% | 12441 | 8640 | 44% |
Mahindra & Mahindra Ltd . www.mahindra.com
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*** Above UV Sales includes sales made by subsidiary company Mahindra Electric Automobile Limited ** Above Sales Includes sales made by subsidiary company Mahindra Last Mile Mobility Limited *Above Sales includes Bolero Maxx PUP HD 1.9 & HD 2.0
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/newsroom
Media contact information
Nayana Borthakur Head - Communications Automotive & Farm Equipment Sector Mahindra & Mahindra Limited Email - [email protected]
Mahindra & Mahindra Ltd . www.mahindra.com
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Press Release
Mahindra’s Farm Equipment Business Sells 26,990 Tractor Units in India during July 2025
Mumbai, August 01, 2025: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for July 2025.
Domestic sales in July 2025 were at 26,990 units, as against 25,587 units in July 2024, reflecting a 5% year-on-year growth.
Total tractor sales (Domestic + Exports) during July 2025 were at 28,708 units, as against 27,209 units for the same period last year. Exports for the month stood at 1,718 units.
Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd. said, “We have sold 26,990 tractors in the domestic market during the month of July 2025, a growth of 5% over last year. This performance was driven by sustained land preparation activities, supported by robust cash flows in rural markets following the conclusion of Rabi crop harvesting. Additionally, the normal progression of monsoon across most regions further contributed to good demand during the onset of sowing for the Kharif season. In the exports market, we have sold 1,718 tractors, a growth of 6% over last year.”
| Farm Equipment Business Summary | Farm Equipment Business Summary | Farm Equipment Business Summary | Farm Equipment Business Summary | |||
|---|---|---|---|---|---|---|
| July | YTD July | |||||
| F26 | F25 | % Change | F26 | F25 | % Change | |
| Domestic Exports |
26,990 1,718 |
25,587 1,622 |
5% 6% |
1,56,189 6,608 |
1,42,517 6,159 |
10% 7% |
| Total | 28,708 | 27,209 | 6% | 1,62,797 | 1,48,676 | 9% |
*Exports include CKD
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Mahindra & Mahindra Ltd . www.mahindra.com
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Media contact information
Nayana Borthakur Head – Communications Automotive & Farm Sector (Corporate) Mahindra & Mahindra Limited Email – [email protected]