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NEW DELHI: Mahindra & Mahindra (M&M Ltd.) reported a 16 per cent rise in total automotive sales, reaching 69,768 units in December, according to their exchange filing on Wednesday.
The company achieved domestic sales of 41,424 vehicles in the utility vehicle category, an 18 per cent increase, with total sales including exports reaching 42,958 vehicles while commercial vehicle domestic sales reached 19,502 units.
“We sold 41424 SUVs, a growth of 18% and 69768 total vehicles, a growth of 16% in December. The year ended on a high, as we became the only Indian auto company to attain the Dow Jones Sustainability Index (DJSI) world leader status within the auto sector. The DJSI ranking is one of the most respected global benchmarks for ESG performance, covering over 13,000 companies across various industries and we are ranked 1st among all global auto OEMs,” said Veejay Nakra, President, Automotive Division, M&M Ltd.
Additionally, the company’s passenger vehicle division recorded a 22 per cent increase in total exports, reaching 402,360 units in the financial year 2025.
Meanwhile, its domestis sales in the farm equipment sector reached 22,019 units in December 2024 compared to 18,028 units in December 2023.
The company’s total tractor sales, including domestic and exports, reached 22,943 units in December 2024, compared to 19,138 units in the previous year. Export figures for the month were 924 units.
“We have sold 22019 tractors in the domestic market during December 2024, a growth of 22% over last year. Sentiments have remained positive in December on account of positive cash flow momentum from Kharif harvest,” said Hemant Sikka, President – Farm Equipment Sector.
“Looking ahead, the tractor industry is poised for significant growth, underpinned by positive agricultural sentiments and favourable terms of trade for farmers. In the exports market, we have sold 924 tractors,” he added.
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