News

Mahindra & Mahindra has appointed Suchi Suri as the Executive Vice President - Mahindra Experiences effective from 14 May 2026, who shall also form part of Senior Management Personnel of the Company.

Mahindra & Mahindra saw a 20x growth in the number of patents granted - from 56 patents granted since inception in FY16 to 1334 in FY26. Cumulative tally of applications filed by M&M stands at 2,728 as of March 2026, indicating M&M`s drive for innovation and excellence. Of the 1334 granted patents, 60% of them pertain to Automotive Business and 40% to Farm Business. Conversion ratio of applications to patents stood at 8% in FY16 and has improved to 65%+ for the applications filed over the last decade. The growth in M&M`s patent portfolio, reflects the company`s growing R&D capabilities. This growing innovative heft has allowed the company to push the boundaries and create a technologically immersive experience for its customers. The patent portfolio also includes filings made by M&M subsidiary Mahindra Electric Automobile. In addition to the patents, the company has won several prestigious awards for excellence in innovation. In the last one year alone, M&M has won the CII IP Award for the Best Patent Portfolio, the CII Innovation Award for being one of India`s Top 50 Innovative Companies 2025, the CII National Award for Industry-Academia Partnership, the Questel IP Excellence Award and recognition at the CMO Asia Awards 2025.

Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV > 3.5T) for the month of March 2026 stood at 4267 vehicles, a y-o-y growth of 13%. Mahindra`s Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

Mahindra & Mahindra tractors sales rose 29% to 45,035 units in month of March 2026 compared to 34,934 units in March 2025. Domestic tractors sales rose 33% to 43,403 units while exports declined 31% to 1,632 units in March. For FY2026, the company sold 5,26,403 tractors, recording a growth of 24%. Domestic tractors sales rose 24% to 5,05,930 units while exports rose 17% to 20,473 units in FY2026. Commenting on the performance, Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra said �We have sold 43,403 tractors in the domestic market during March 2026 registering a robust growth of 33% over last year. A significant part of this high growth was driven by the full Navratri season falling entirely in March`26, unlike last year when it was split between March and April. We ended FY26 with highest ever sales of 5,05,930 registering growth of 24%. In the exports market, we have sold 1632 tractors.�

Mahindra & Mahindra achieves total sales of 11,02,866 units in FY 2026 compared to 9,28,028 units in FY 2025, recording a growth of 19%. Total sales include domestic sales of 10,61,876 units (up 19% YoY) and exports of 40,990 units (up 18% YoY).