Mahindra Registers Over 19 Percent Growth in Monthly Car Sales for February 2026

Mahindra Car Sales February 2026: The automaker's popular SUVs, such as the Thar, Scorpio, Thar Roxx, Scorpio N and others are continuing to drive growth in the Indian market. However, on the flip side Mahindra's exports witnessed a significant decline.

Photo : TIMES DRIVE

Mahindra Registers Over 19 Percent Growth in Monthly Car Sales for February 2026

Mahindra has shared its monthly car sales data for February 2026. The data shared by the Indian automaker highlights that Mahindra sold over sixty thousand units of passenger vehicles last month. The automaker has been on a roll in the Indian market in the first half of this decade and is replicating its market performance in the second half as well with popular SUVs like the Thar, Scorpio , Scorpio N, Thar Roxx, XUV 7XO , BE6 and others. Mahindra currently offers products across ICE and EV segments in the country.

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What were Mahindra's sales figures for January 2026?

In January 2026, Mahindra sold 63,510 units of passenger vehicles, achieving a year-on-year growth of 25.36%. This was driven by strong demand for new-age SUVs like the Scorpio-N and XUV 7XO, which received significant bookings shortly after launch. The sales figure also includes both internal combustion engine (ICE) and electric vehicles (EVs).

How did Mahindra perform in October 2025?

In October 2025, Mahindra achieved record sales of 73,890 units of passenger vehicles, marking a 32.96% increase year-on-year. This was driven by the festive season, with significant contributions from popular models like the Thar and Scorpio. The company also reported substantial growth in exports, highlighting its expanding international presence.

What was Mahindra's export performance in February 2026?

In February 2026, Mahindra exported 667 units of passenger vehicles, reflecting a significant decline of 66.07% year-on-year. This drop is notable compared to February 2025, when the company exported 1,966 units. The decline in exports may indicate challenges in international markets or shifting focus to domestic sales.

What are Mahindra's recent product launches?

Recently, Mahindra launched the Thar Roxx Star Edition, which starts at ₹16.85 lakh. Additionally, they opened bookings for the XEV 9S and XUV 7XO, which received nearly 94,000 bookings within just four hours of launch. These models reflect Mahindra's commitment to innovation and expanding its SUV portfolio.

How did Mahindra's sales growth trend evolve in 2025?

Throughout 2025, Mahindra consistently posted growth in car sales, with notable increases in months like October (32.96%) and December (22.98%). This trend indicates strong demand for its SUV lineup, alongside successful launches and effective marketing strategies that have solidified its position in the market.

Last month Mahindra managed to sell a total of 60,685 units of passenger vehicles (including PVs sold domestically plus exports from India). This sales figure represents a growth in year-on-year total monthly passenger vehicle sales by 8,299 units which further translates into 15.84 percent increase in year-on-year total monthly passenger vehicle sales. In February 2025 Mahindra posted a total passenger vehicle sales of 52,386 units.
In February 2026 Mahindra managed to sell 60,018 units of passenger vehicles domestically in the Indian market. This sales figure represents a year-on-year growth in monthly domestic passenger vehicles sales by 9,598 units which further translates into 19.03 percent increase in year-on-year monthly domestic passenger vehicle sales. In February 2025 Mahindra posted a domestic passenger vehicle sales of 50,420 units.
Mahindra is a global automaker with its SUVs having presence in multiple international markets. Last month Mahindra exported 667 units of passenger vehicles from India. This represents a year-on-year decline in monthly passenger vehicle exports by 1,299 units which further translates into a 66.07 percent year-on-year fall in monthly passenger vehicle export volume. In February 2025 Mahindra exported 1,966 units of passenger vehicles.
Nalinikanth Gollagunta, CEO, Automotive Division, M&M Ltd. said, “February saw SUV sales of 60,018 units, a growth of 19% reflecting robust customer demand across the portfolio. Total vehicle sales stood at 97,177 units, an 18% year-on-year growth.”
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