ANI
01 Jul 2025, 12:52 GMT+10
Mumbai (Maharashtra) [India], July 1 (ANI): In the automotive segment, Mahindra recorded total vehicle sales of 78,969 units, marking a 14 per cent increase over June 2024.
A major highlight was the SUV segment, where the company sold 47,306 units in the domestic market -- a strong 18 per cent year-on-year growth.
Including exports, Mahindra sold 48,329 utility vehicles in total. The company also reported 20,575 domestic commercial vehicle sales, contributing to the overall growth.
Nalinikanth Gollagunta, CEO of Mahindra's Automotive Division, expressed satisfaction with the performance, stating, 'In June, we achieved SUV sales of 47,306 units, a growth of 18 per cent, and total vehicle sales of 78,969 units, a 14 per cent growth compared to the same month last year. The quarter ended on a very positive note for us, marking the highest quarter ever for SUVs.'
In the Farm Equipment Business (FEB), Mahindra sold 51,769 tractors in the domestic market, reflecting a 13 per cent growth compared to 45,888 units in June 2024.
Total tractor sales, including exports, stood at 53,392 units, up from 47,319 last year. Exports grew by 13 per cent, with 1,623 tractors sold internationally in June 2025.
Veejay Nakra, President of the Farm Equipment Business, attributed the growth to positive rural factors.
'With better long-term rainfall departure this month, land preparation activities are well supported for the upcoming Kharif season. Record foodgrain production, especially rice, wheat, pulses, coupled with various Government initiatives to improve farmer income, are expected to augur well for tractor demand in the coming months. In the export market, we have sold 1,623 tractors, a growth of 13 per cent over last year,' he said.
With rising sales across both business divisions, Mahindra has had a robust start to FY26. The company remains optimistic about continued growth, supported by strong market demand and favourable economic conditions. (ANI)
Get a daily dose of Manufacturing Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.
More InformationNew Delhi [India], July 1 (ANI): Prime Minister Narendra Modi shared a blog titled 'A Decade of Digital India' on his official LinkedIn...
New Delhi [India], July 1 (ANI): Prime Minister Narendra Modi on Tuesday shared a detailed reflection on the completion of 10 years...
Jalalabad [ Afghanistan], June 30 (ANI/WAM): The UAE-funded maternity clinics are bringing hope to Afghan families. In Jalalabad, Nangarhar...
New Delhi [India], June 30 (ANI): A Head Constable of Delhi Police, currently under treatment at Burari Hospital, suffered chest pain...
Armenias ancient church finds itself at the center of a political storm as the government cracks down on dissent within its ranks ...
Surat (Gujarat) [India], June 29 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Sunday held a roadshow in Gujarat's Surat, aimed...
New Delhi [India], July 1 (ANI): Bajaj Auto Limited reported nearly flat total sales for June 2025 on a year-on-year basis, as gains...
Hong Kong, July 1 (ANI): China's harsh treatment of ethnic minorities, such as Muslim Uyghurs in the northwest province of Xinjiang,...
Mumbai (Maharashtra) [India], July 1 (ANI): In the automotive segment, Mahindra recorded total vehicle sales of 78,969 units, marking...
New Delhi [India], July 1 (ANI): The automobile industry in the country is expected to report mixed performance across segments for...
Jindal Steel & Power Limited New Delhi [India], June 30: Jindal Steel has successfully commissioned its first Continuous Galvanising...
(250630) -- INNSBRUCK, June 30, 2025 (Xinhua) -- Alberto Gines Lopez of Spain competes during the men's lead final at the International...