Home / Business and Economy / SML Mahindra CV Sales Soar 11.64% in May 2026
SML Mahindra CV Sales Soar 11.64% in May 2026
8 Jun
Summary
- Commercial vehicle sales increased by 11.64% year-on-year in May 2026.
- Exports witnessed a significant surge of 122.50% in May 2026.
- Net profit rose marginally by 2.36% for the fourth quarter ended March 2026.
SML Mahindra experienced an 11.64% year-on-year increase in commercial vehicle sales during May 2026, selling 1,678 units compared to 1,503 units in May 2025. Production also grew by 6.86% to 1,729 units in the same period.
Exports demonstrated robust growth, surging 122.50% to 89 units in May 2026 from 40 units exported in May 2025. The company, formerly SML Isuzu, manufactures and sells commercial vehicles and their parts.
For the fourth quarter ended March 31, 2026, SML Mahindra reported a marginal 2.36% year-on-year rise in standalone net profit to Rs 54.20 crore. Revenue from operations increased by 16.39% year-on-year to Rs 897.65 crore for the quarter. The company's stock experienced a slight decline, slipping 1.99% to Rs 3,711.95 on the BSE.
