SML Mahindra November Sales Surge 102% to 1,087 Units, Marks Strong Market Recovery

SML Mahindra , a major player in India’s commercial vehicle segment, achieved impressive sales growth in November 2025. The company’s total sales stood at 1,087 units, more than doubling the previous year's numbers. This 102% increase was driven by a 116% surge in passenger vehicle sales to 658 units and an 83% rise in cargo vehicle sales, which reached 429 units.

The healthy sales performance reflects both strong market demand and the company’s focused efforts on product offerings tailored to customer needs in various segments such as buses, trucks, and specialty vehicles.

This significant sales rebound comes amid an encouraging industry-wide uptick supported by factors like GST rate cuts and improved financing availability. SML Mahindra’s broad product portfolio, including school buses, cargo trucks, and special application vehicles, helped capture growing demand from fleet owners, government agencies, and corporate clients.

Key Highlights:

Total November 2025 sales jumped 102% to 1,087 units

Passenger vehicle sales increased 116% to 658 units

Cargo vehicle sales rose 83% to 429 units

Strong market recovery supported by GST reductions and financing availability

Enhanced customer traction across commercial vehicle segments including buses and trucks

Performance signals renewed operational strength and market leadership positioning

Source: Exchange filings, industry reports, Reuters​