Nalinikanth Gollagunta, CEO, Automotive Division, M&M said, “The year 2027 has begun on a positive note in April by achieving SUV sales of 56,331 units, a growth of 8% and total vehicle sales of 94,627 units, a 14% growth over the same month last year.”

Under Farm Equipment Business, the company tractor sales (domestic + exports) during April 2026 were at 48,411 units, up 20.86%, as against 40,054 units for the same period last year. Exports for the month stood at 2,007 units.

Domestic sales in April 2026 were at 46,404 units, as against 38,516 units in April 2025, reflecting a 20% year-on-year growth.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra, said “We have sold 46,404 tractors in the domestic market during April 2026 registering a growth of 20% over last year. This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days. In the export markets, we have sold 2,007 tractors, a growth of 30% over last year.”

Further, the company’s Trucks and Buses business (CV > 3.5T) for the month of April 2026 stood at 3011 vehicles, 11% YoY growth. This segment includes operations under Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The company’s consolidated net profit jumped 47% to Rs 4674.64 crore on 24.4% increase in net sales to Rs 51579.95 crore in Q3 FY26 over Q3 FY25.

The scrip declined 1.71% to end at Rs 3096.90 on Thursday, 30 April 2026.