Mahindra Sales April 2026: Tremendous growth in SUV, Tractor and 3W segments, total sales 94,627 units

Mahindra has registered positive growth in its sales in April 2026. The company’s total automotive sales (including exports) stood at 94,627 units in April 2026, which shows an increase of 14 percent compared to April 2025 last year. The SUV segment remains the company’s strength, with 56,331 units sold in the domestic market. This figure shows an increase of about 8 percent compared to last year’s 52,330 units. Total utility vehicle (UV) sales, including exports, stood at 57,833 units.

SUV sales recorded an annual growth of 7.65 percent in the month of April, which is a result of Mahindra’s strong product strategy and increasing demand in the market. However, domestic SUV sales declined by 6.54 percent in April compared to 60,272 units in March 2026. This decline is in line with the seasonal trend, as the end of the financial year usually sees stronger dispatches. Mahindra’s passenger vehicle sales are completely driven by SUVs, due to which the company has been successful in maintaining its strong position in the Indian SUV market.

This is the condition of commercial vehicle segment

The company also showed stable performance in the commercial vehicle (CV) segment. Domestic CV sales in April 2026 stood at 23,427 units. In this, 2,984 units (+13%) were sold in the Light Commercial Vehicle (LCV) under 2 tonne category and 20,443 units (+7%) in the 2-3.5 tonne category. Total sales of trucks and buses (above 3.5 tonnes) stood at 3,011 units, an increase of 11 percent. This includes cargo vehicles 1,159 units (+8%) and passenger buses 1,852 units (+14%). Sales of SML Mahindra have also increased by 15 percent to 1,741 units.

Demand for three-wheelers increased

Three-wheeler sales witnessed a spectacular 81 percent jump, with a total of 9,899 units sold. The company also performed tremendously in the export segment. Total exports in April 2026 were 4,970 units, which is 47 percent more than last year. This growth reflects the company’s increasing reach in the global market.

Farm equipment business increased

Mahindra showed even better results in the farm equipment business i.e. tractor segment. Tractor sales in the domestic market stood at 46,404 units, which is an increase of 20 percent compared to 38,516 units in April 2025. Total tractor sales (including exports) reached 48,411 units, registering an annual growth of 21 percent. Tractor exports stood at 2,007 units, which is 30 percent more.

What did the company say?

The company said that the CV industry witnessed some slowdown in April, which could be attributed to financial contagion, inflationary pressures and geopolitical uncertainties. Despite these challenges, Mahindra has made an overall positive start. The company had achieved record SUV sales in the last financial year (FY26) and the beginning of FY27 is also showing strong signs.