Homegrown auto major, Mahindra & Mahindra, today announced that it recorded its highest-ever quarterly SUV wholesales in the domestic market at 1,52,067 units in Q1 FY26.
The June quarter SUV volumes grew 22% year-on-year (y-o-y) over 1,24,248 units sold in the same quarter last year.
Mahindra offers internal combustion engine (ICE) models like the Bolero, Bolero Neo, XUV 3XO, Thar, Thar Roxx, Scorpio Classic, Scorpio-N and XUV700. Its electric vehicle (EV) portfolio includes the XUV400, BE 6 and XEV 9e.
The company's June wholesales grew 18% y-o-y at 47,306 units from 40,022 units in the year-ago month.
"The quarter ended on a very positive note for us, marking the highest quarter ever for SUVs," said Nalinikanth Gollagunta, CEO, Automotive Division, Mahindra.
The domestic commercial vehicle (CV) volumes of Mahindra rose 4% y-o-y at 64,956 units in Q1 FY26 from 62,526 units in Q1 FY25.
The three-wheeler wholesales in the domestic market stood at 20,559 units during the quarter, logging a growth of 16% y-o-y over 17,651 units sold in the year-ago period.
The June quarter exports climbed 36% y-o-y at 9,667 units in Q1 FY26 from 7,125 units in Q1 FY25.
The farm equipment business of the company during the quarter was aided by cash flow from Rabi crop harvesting and the arrival of monsoon across most regions.
The domestic tractor volumes of Mahindra jumped 10% y-o-y at 1,29,199 units in the June quarter from 1,16,930 units in the same quarter last year.
Even the tractor exports witnessed a rise of 8% y-o-y at 4,890 units in Q1 FY26 from 4,537 units in Q1 FY25.
"With better long-term rainfall departure this month, land preparation activities are well supported for the upcoming Kharif season. Record foodgrain production, especially rice, wheat, pulses, coupled with various government initiatives to improve farmer income, is expected to augur well for tractor demand in the coming months," said Veejay Nakra, President, Farm Equipment Business, Mahindra.
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