SML Mahindra Reports 11.6 Percent Growth in Commercial Vehicle Sales for May

SML Mahindra Limited has released its monthly operational report for May 2026, recording growth across its manufacturing, domestic wholesale, and export delivery channels. According to the statutory compliance disclosure submitted to the Bombay Stock Exchange, the Punjab-based commercial vehicle manufacturer experienced a broad scaling of volumes compared to the corresponding period of the previous fiscal year.

The company’s assembly facilities scaled production up to 1,729 commercial vehicle units during the month, marking an increase from the 1,618 vehicles manufactured in May 2025. On the commercial front, domestic market off-take witnessed a parallel expansion. Total vehicle sales for May 2026 climbed to 1,678 units, registering an 11.6 percent increase against the 1,503 units dispatched to dealerships during the same month last year.

The manufacturer's international business division recorded the sharpest percentage increase, though from a very low volume base. Total export shipments reached 89 commercial vehicles in May 2026, more than doubling the 40 units sent to overseas markets during the same period in 2025.