SML Mahindra Limited posted a 67% year on year increase in total vehicle sales for December 2025, with units rising to 1,044 from 626 a year earlier. Cargo vehicles led growth with a 76% jump, while passenger vehicles rose 60%. Year to date (April–December) sales climbed 18%, underscoring strong demand momentum.
Strong Year-End Performance
SML Mahindra Limited, formerly known as SML Isuzu, reported robust sales growth in December 2025, highlighting strong traction across both cargo and passenger segments.
Cargo vehicles surged 76%, reaching 462 units compared to 262 units in December 2024.
Passenger vehicles grew 60%, with sales rising to 582 units from 364 units a year earlier.
Total December sales stood at 1,044 units, up from 626 units in the prior year.
For the April–December 2025 period, the company achieved 18% overall growth, selling 11,335 units versus 9,593 units in the same period of 2024. Cargo vehicle sales rose 38% to 3,820 units, while passenger vehicles increased 10% to 7,515 units.
Analysts note that the performance reflects resilient demand in commercial transport and passenger mobility, aided by infrastructure activity and steady rural consumption. The strong finish to 2025 positions SML Mahindra favorably for the upcoming fiscal year.
Notable Updates / Major Takeaways
December sales growth: 67% YoY, led by cargo and passenger vehicles.
Cargo segment: 76% increase, signaling strong logistics demand.
Passenger segment: 60% rise, reflecting resilient consumer mobility.
YTD growth: 18% overall, with balanced segment contributions.
Strategic outlook: Positive momentum heading into 2026.
Sources: Reuters market news; ScanX News; FilingReader corporate updates; SML Mahindra exchange filings