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M&M’s trucks & buses business sales jump 53% in September 2026

01 Oct 2026 Evaluate

Mahindra & Mahindra’s (M&M) Trucks & Buses Business, comprising Mahindra Truck & Bus Division (MTBD) and SML Mahindra (SML), has reported total sales of 2,912 units in September 2026, registering a growth of 53% as compared with 1,904 units in September 2025. Cargo vehicle sales increased 84% to 2,043 units in September 2026 from 1,112 units in September 2025, while passenger vehicle sales grew 10% to 869 units in September 2026 from 792 units in September 2025.

MTBD has reported total sales of 1,788 units in September 2026, up 87% from 954 units in September 2025. SML has reported total sales of 1,124 units in September 2026, registering a growth of 18% from 950 units in September 2025.

Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Among the various business interests of its parent group, the company is primarily engaged in automobile manufacturing and is one of India's leading automobile companies.


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