Mahindra & Mahindra Reports Strong Sales Growth in February 2025

Mumbai, March 01, 2025 – Mahindra & Mahindra Ltd. (M&M), a leading Indian automotive and farm equipment manufacturer, reported a robust performance in February 2025 across its automotive and farm equipment segments.

---

Automotive Sales Performance​

M&M recorded total auto sales of 83,702 units, reflecting a 15% year-on-year (YoY) growth, including exports. The company's SUV segment continued its strong momentum, contributing significantly to overall sales.

Key Highlights:​

• Utility Vehicles (SUVs): 50,420 units sold in the domestic market, marking a 19% YoY increase.
• Total SUV Sales (Including Exports): 52,386 units.
• Commercial Vehicles:
  • LCV < 2T: 3,290 units, a 21% YoY decline.
  • LCV 2T – 3.5T: 19,155 units, up 9% YoY.
  • LCV > 3.5T & MHCV: 1,381 units, showing 23% YoY growth.
  • Three-Wheelers: 6,395 units, increasing by 4% YoY.

Exports:​

• Total exports stood at 3,061 units, marking a 99% YoY surge.

Veejay Nakra, President of the Automotive Division, commented, “The strong performance in February, with SUV sales growing by 19% and overall volumes increasing by 15%, underscores the sustained demand for our portfolio.”

---

Farm Equipment Sector Performance​

M&M's Farm Equipment Sector (FES) also reported solid growth, with domestic tractor sales reaching 23,880 units, an increase of 19% YoY. The overall tractor sales (including exports) stood at 25,527 units, up 18% YoY.

Farm Equipment Sales Summary:​

• Domestic Sales: 23,880 units, up 19% YoY.
• Exports: 1,647 units, up 6% YoY.
• Total Tractor Sales: 25,527 units, marking an 18% YoY growth.

Hemant Sikka, President of Farm Equipment Sector, stated, “Favorable weather conditions, increased agricultural credit limits, and government support for farmers have contributed to strong tractor sales. A positive Rabi crop outlook will further drive demand in the coming months.”

---

Market Outlook​

Mahindra's automotive and farm equipment segments continue to witness positive traction, backed by a strong SUV lineup and a growing demand for tractors amid a favorable agricultural environment. With increased government initiatives in the agricultural sector and rising demand for SUVs, M&M remains well-positioned for sustained growth in the coming quarters.