SML Mahindra total vehicle sales jumps 40% on year in August to 1,175 units
This story was originally published at 08:54 IST on 1 September 2026
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--SML Mahindra Aug total vehicle sales 1,175 units vs 842 units year ago
--SML Mahindra Apr-Aug total vehicle sales 8,216 units vs 7,195 units yr ago
--SML Mahindra Aug passenger vehicle sales 683 units vs 521 units yr ago
--SML Mahindra Aug cargo vehicle sales 492 units vs 321 units yr ago
MUMBAI - SML Mahindra Ltd. reported a sharp 40% on-year jump in its total vehicle sales for August to 1,175 units. While passenger vehicle sales continued to account for more than half of the total units sold, cargo vehicle sales grew at a faster pace than sales of passenger vehicles. For August, the company's cargo vehicle sales grew 53% on year to 492 units, while passenger vehicle sales grew 31% to 683 units.
For Apr-Aug, the automaker's total vehicle sales grew 14% on year to 8,216 units. While passenger vehicle sales grew an appreciable 21% on year to 6,198 units, sales of cargo vehicles fell 2% to 2,018 units.
Monday, shares of SML Mahindra ended 1.5% lower at INR 5,108 on the National Stock Exchange. For the June quarter, the company had reported a net profit of INR 636.2 million, on revenues of INR 9.58 billion. End
Reported by Shruti Nair
Edited by Himanshi Gupta
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