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Mahindra’s Trucks & Buses Business sells 2912 vehicles in September 2026, registering a growth of 53 percent

BusinessK Puspa01 Oct 2026

Mumbai, Oct 01: Mahindra & Mahindra Ltd., today announced that its overall sales including exports in the Trucks and Buses business for the month of September 2026 stood at 2912 vehicles, a y-o-y growth of 53 percent.

Mahindra’s Trucks & Buses business comprises of Mahindra Truck & Bus division and SML Mahindra Limited.

According to Vinod Sahay, Executive Chairman – SML, President – Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M,

“September marked a strong month for the truck and bus segment, helped by early festive buying, continued infrastructure activity and steady freight movement. Growth was further aided by the lower base of the previous year, when buying sentiment was impacted by anticipated regulatory changes. We enter the festive period with measured confidence even as fuel and input cost pressures persist."

Trucks & Buses Business (MTBD+SML) – September 2026

 

 

Category

September

YTD September

F27

F26

% Change

F27

F26

% Change

Cargo Vehicles

2043

1112

84%

8499

6884

23%

Passenger Vehicles

869

792

10%

9306

7704

21%

MTBD + SML Total

2912

1904

53%

17805

14588

22%

Mahindra Trucks & Buses (MTBD) – September 2026

 

 

 

Category

September

YTD September

F27

F26

% Change

F27

F26

% Change

Cargo Vehicles

1527

742

106%

5965

4462

34%

Passenger Vehicles

261

212

23%

2500

1981

26%

MTBD Total

1788

954

87%

8465

6443

31%

SML Mahindra Limited (SML) – September 2026

 

 

 

Category

September

YTD September

 

F27

F26

% Change

F27

F26

% Change

Cargo Vehicles

516

370

39%

2534

2422

5%

Passenger Vehicles

608

580

5%

6806

5723

19%

SML Total

1124

950

18%

9340

8145

15%