Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automobile and farm equipment manufacturers, has announced robust sales figures for February 2025.
The company recorded total vehicle sales of 83,702 units, marking a 15% year-on-year growth, including exports.
SUV Segment Drives Growth
Mahindra’s utility vehicle (UV) segment led the charge, with 50,420 SUVs sold in the domestic market, reflecting a 19% increase over February 2024. Including exports, total UV sales stood at 52,386 units.
Veejay Nakra, President of the Automotive Division at M&M Ltd., credited the strong demand for Mahindra’s SUV portfolio, stating:
“In February, we clocked SUV sales of 50,420, a growth of 19%, and 83,702 total vehicles, a growth of 15%. This strong performance is a result of continued positive momentum for our SUV portfolio.”
Commercial Vehicles and Three-Wheelers Performance
LCVs (Light Commercial Vehicles) under 2T saw a 21% decline, with sales dropping to 3,290 units.
LCVs between 2T-3.5T grew 9%, reaching 19,155 units.
LCVs above 3.5T & M&HCVs posted a 23% increase, with 1,381 units sold.
Three-wheelers (3W) grew by 4%, reaching 6,395 units.
Exports Nearly Double
Mahindra’s exports surged 99%, with 3,061 units shipped in February 2025 compared to 1,539 units in February 2024.
Mahindra Farm Equipment Sector Sees 19% Growth in Domestic Tractor Sales
Mahindra’s Farm Equipment Sector (FES) also delivered strong results, selling 23,880 tractors in February 2025, a 19% increase compared to 20,121 units in February 2024.
Total tractor sales (Domestic + Exports) reached 25,527 units, an 18% increase from the 21,672 units sold in February 2024.
Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd., highlighted the positive agricultural outlook, stating:
“We have sold 23,880 tractors in the domestic market during February 2025, a growth of 19% over last year. After a good Kharif crop, Rabi crop outlook is also looking positive due to favorable weather conditions. Increase in Agri credit limit, continued Government support to increase farmer incomes, and a bumper Rabi harvest will help boost tractor demand going forward. In the exports market, we have sold 1,647 tractors, at a growth of 6% over last year.”
Year-to-Date (YTD) Performance
For the period April 2024 – February 2025:
Passenger vehicle sales stood at 5,03,439 units, reflecting a 20% growth.
Farm Equipment sales totaled 3,89,707 units, growing 11%.
Exports for the farm sector increased 25%, reaching 15,195 units.
Disclaimer: The information in this article is based on the official press release from Mahindra & Mahindra Ltd. and is for informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the data. Readers are advised to verify details independently before making any business or investment decisions. The website is not responsible for any losses or actions taken based on this information.
