M&M shares rise 2% as auto major’s December sales grow 25%; check all updates

The carmaker’s overall auto sales for the month of December 2025 stood at 86,090 vehicles, a growth of 25%, including exports.

In the utility vehicles segment, Mahindra sold 50,946 vehicles in the domestic market, a growth of 23%, and overall, 86,090 vehicles, including exports. The domestic sales for Commercial Vehicles (CV) stood at 24,786, a growth of 17%.

Its total exports, however, dipped 9% during the reporting month to 2,820 units as compared to 3,092 units.

In 2025, the auto major’s passenger vehicle sales rose 18% to 476,476 units as against 402,360 units in 2024.

Commenting on the sales, M&M’s CEO (Automotive Division) Nalinikanth Gollagunta said, “The calendar year 2025 ended on a positive note, with Mahindra clocking its highest-ever volumes in both SUVs and LCVs.”

Further, M&M’s domestic farm equipment sales in December 2025 were at 30,210 units, as against 22,019 units in December 2024, reflecting a 37% year-on-year growth.

Total tractor sales, including domestic and exports, during December 2025 were at 31,859 units, as against 22,943 units for the same period last year. Exports for the month stood at 1,649 units, a growth of 78%.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra, said, “Cash flow availability in the market has improved, supported by favourable crop yields following the Kharif harvest. Additionally, conducive weather conditions and healthy reservoir levels have contributed to an increase in Rabi sowing acreage, which is expected to sustain tractor demand in the coming months.”

M&M share price

At 10:35 AM, Mahindra & Mahindra shares were trading at ₹3,748 apiece on NSE, gaining 1.05%.

In the last five trading sessions, the stock has jumped 3%, while for a six-month period, it has soared more than 18%. For a one-year period, M&M shares have rallied nearly 22%.

The company has a market capitalisation of ₹4.49 lakh crore.

Shares of the company had touched their one-year high of ₹3,795 apiece on December 1, 2025, while their 52-week low of ₹2,425 was hit on April 7, 2025.

M&M Q2 earnings

Mahindra & Mahindra had reported a consolidated net profit of ₹3,673 crore for the second quarter of the current fiscal year (Q2 FY26), up 15.8% year-on-year (YoY) against ₹3,171 crore.

The company's revenue from operations jumped 21.7% YoY to ₹45,885.40 crore during the September quarter, as compared to ₹37,689.04 crore in Q2 FY25.

The automobile major's earnings before interest, taxes, depreciation and amortisation (EBITDA) stand at ₹8,708 crore for the September quarter, up 26.2% from ₹6,899 crore in the year-ago period. Margin is at 18.9%, against 18.3% a year ago.