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Mahindra & Mahindra Sales Increase 20% in May at 99,636 Units
Authored By PTI | Last Modified: Jun 1, 2026 11:46 AM IST

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New Delhi, June 1: Mahindra & Mahindra Ltd on Monday reported a 20 per cent year-on-year growth in total vehicle sales to 99,636 units in May, including exports.
In the utility vehicle segment, the company sold 58,021 units in the domestic market, up 11 per cent from the year-ago period. Total UV sales, including exports, stood at 59,573 units.
Domestic sales of commercial vehicles rose 19 per cent to 24,079 units, the company said in a regulatory filing.
Stock Market Snapshot
As of 11:09 AM IST on June 1, 2026, the stock was trading below both its opening price and previous closing level, reflecting selling pressure during the session.
The Mahindra & Mahindra share price initially declined sharply after the opening bell before recovering part of the losses. Subsequent trading showed a stabilisation pattern near the ₹3,000 mark, indicating buying support emerged after the stock approached the day’s low.
Market participants continued to monitor price action as the stock attempted to regain momentum following the early decline.
Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd, said, “In May, we achieved SUV sales of 58,021 units, a growth of 11 per cent and total vehicle sales stood at 99,636, a 20 per cent YoY growth. The sustained demand across our portfolio continues, constrained by supply chain challenges due to manpower shortages at select suppliers.”
(with inputs from PTI)
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