Mumbai – Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s top-tier automotive giants, has announced a robust finish to the financial year, reporting total auto sales of 83,894 vehicles in March 2025 – marking a 23% year-on-year growth, including exports.
The company’s SUV segment remained the standout performer, with 48,048 vehicles sold in the domestic market, registering an 18% growth. Total utility vehicle sales, including exports, touched 50,835 units. Commercial vehicle sales in the domestic market reached 23,951 units, rounding off a strong performance across key segments.
Mahindra’s momentum wasn’t limited to March alone. For the entire fiscal year, the company recorded 5,51,487 SUVs sold, its highest-ever annual SUV sales, growing by 20% year-on-year. The brand also notched up the highest Vahan registrations, reflecting strong market traction and effective inventory management.
Key milestones from the fiscal year include:
- India’s No. 1 SUV manufacturer by volume
- No. 2 Passenger Vehicle brand by revenue
- Over 50% market share in the LCV (<3.5T) category
- 41% year-on-year growth in international operations
- Recognition as the only Indian automotive company to attain DJSI Index World Leader status
Veejay Nakra, President of the Automotive Division at M&M Ltd., commented,
“March capped off an exceptional year with 48,048 SUVs sold and a total of 83,894 vehicles – a 23% growth over last year. The successful delivery kick-off for our Electric Origin SUVs underscores the strong demand we continue to see. Selling over half a million SUVs in India for the first time ever is a remarkable milestone.”
With strong growth across both ICE and EV portfolios, Mahindra ends the fiscal year on a high, signaling its dominant position in India’s fast-evolving automotive landscape and its global ambitions gaining steady traction.
| Passenger Vehicles Sales Summary (Domestic) – March 2025 | |||||||||||||
| Category | March | YTD March | |||||||||||
| F25 | F24 | % Change | F25 | F24 | % Change | ||||||||
| Utility Vehicles * | 48048 | 40631 | 18% | 551487 | 459864 | 20% | |||||||
| Cars + Vans | 0 | 0 | 13 | -100% | |||||||||
| Passenger Vehicles | 48048 | 40631 | 18% | 551487 | 459877 | 20% | |||||||
| Commercial Vehicles and 3 Wheelers Sales Summary (Domestic) – March 2025 | |||||||||||||||
| Category | March | YTD March | |||||||||||||
| F25 | F24 | % Change | F25 | F24 | % Change | ||||||||||
| LCV < 2T** | 3530 | 4012 | -12% | 38995 | 44093 | -12% | |||||||||
| LCV 2T – 3.5 T*** | 18958 | 15387 | 23% | 217060 | 205562 | 6% | |||||||||
| LCV > 3.5T + MHCV | 1463 | 1531 | -4% | 13032 | 13155 | -1% | |||||||||
| 3W** | 7752 | 5279 | 47% | 85832 | 77589 | 11% | |||||||||
| Exports – March 2025 | ||||||
| Category | March | YTD March | ||||
| F25 | F24 | % Change | F25 | F24 | % Change | |
| Total Exports** | 4143 | 1573 | 163% | 34709 | 24663 | 41% |
| * 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 2.0 | ||||||
