Mahindra & Mahindra Limited reported total vehicle sales of 126,706 units in October 2026, compared with 118,097 units in October 2025, registering a year-on-year increase of around 7.3%. The company produced 123,752 vehicles during the month, up from 94,873 units in the year-ago period, representing growth of approximately 30.4%. The sharper increase in production compared with sales indicates a higher build-up of inventory during the month.
The figures cover Mahindra's passenger vehicle, commercial vehicle and last-mile mobility segments, including operations across the parent company and three subsidiaries: Mahindra Electric Automobile Limited, Mahindra Last Mile Mobility Limited and SML Mahindra Ltd.
Utility Vehicles
Utility vehicles continued to account for the bulk of Mahindra's sales. The Scorpio range, comprising diesel and petrol variants, recorded combined sales of 19,353 units in October 2026, compared with 17,881 units a year earlier, an increase of around 8.2%. Mahindra sold 18,577 units of the Scorpio diesel, making it the company's highest-selling model for the month.
Mahindra sold 12,348 units of the Bolero, compared with 14,343 units in October 2025, marking a decline of around 14%. Production of the model, however, increased from 9,894 to 10,954 units during the same period.
The XUV7XO, introduced as the successor to the XUV700, recorded combined diesel and petrol sales of 10,254 units in October 2026. The XUV700 had recorded sales of 10,139 units across both fuel types in October 2025, indicating broadly similar sales volumes following the model transition. The XUV700 no longer features in Mahindra's October 2026 production figures, with the XUV7XO replacing it in the lineup.
Combined sales of the XUV3XO and XUV400, covering diesel and electric variants, increased from 3,543 to 3,962 units. Mahindra sold 6,942 units of the XUV3XO petrol and CNG variants, compared with 8,846 units a year earlier. Production of these variants, however, increased from 6,832 to 8,302 units.
The Thar and Thar Roxx together recorded sales of 11,956 units across diesel and petrol variants in October 2026, compared with 12,029 units in the corresponding month last year.
Electric Vehicles
Mahindra Electric Automobile Limited reported sales of 8,523 electric-origin SUVs in October 2026, compared with 4,842 units in October 2025, registering growth of approximately 76%. Production of these models also increased from 4,916 to 8,394 units during the same period. Electric SUVs accounted for around 6.7% of Mahindra's total vehicle sales in October 2026, up from approximately 4.1% a year earlier.
In the electric three-wheeler segment, Mahindra sold 10,245 units of the Treo passenger vehicle, compared with 10,186 units in October 2025. The Udo electric three-wheeler, which had no reported sales in the year-ago period, contributed 5,090 units in October 2026. Sales of the Zor Grand electric goods carrier increased from 614 to 774 units, while the e-Alfa Mini recorded sales of 512 units, down from 951 units a year earlier.
These models form part of Mahindra Last Mile Mobility Limited's portfolio, which contributes to the company's overall three-wheeler and last-mile mobility volumes.
Commercial and Three-Wheeler Segments
Mahindra reported combined sales of 35,736 units in the commercial vehicle and three-wheeler category in October 2026, compared with 33,711 units in October 2025, an increase of around 6%. Production in the category rose from 26,843 to 38,339 units, representing growth of approximately 43% year-on-year. The segment includes vehicles produced and sold by Mahindra, Mahindra Last Mile Mobility Limited and SML Mahindra Ltd.
Among individual models, Mahindra sold 84 units of the Alfa diesel passenger three-wheeler, compared with 141 units in October 2025. Sales of the Alfa CNG passenger variant increased from 175 to 250 units. The Alfa diesel goods carrier recorded sales of 271 units, compared with 282 units a year earlier, while the Alfa CNG goods carrier registered 255 units against 307 units in October 2025.
Exports
Mahindra's total exports increased to 7,241 units in October 2026, compared with 4,079 units in October 2025, registering year-on-year growth of approximately 77.5%. Electric-origin SUV exports more than doubled from 46 to 106 units, although they continued to account for a small share of the company's total exports.
The XUV3XO petrol and CNG variants remained Mahindra's largest individual export model, with 1,378 units shipped during the month, compared with 1,953 units a year earlier. Exports of the Scorpio diesel declined to 82 units from 263 units in October 2025.
Three-wheeler exports, primarily comprising the Alfa diesel, stood at 24 units in October 2026, unchanged from the year-ago period. Mahindra exports vehicles to markets across Africa, Southeast Asia and South Asia, although the company did not disclose a country-wise breakdown in the monthly sales figures.