Mahindra & Mahindra reported strong performance in November, with vehicle production rising over 18% year-on-year.
The company’s total sales grew by nearly 20%, reflecting steady demand across key segments. Passenger vehicle sales rose sharply, while commercial vehicle sales also showed healthy growth.
Tractor sales recorded a major jump, driven by improved rural demand. Exports increased as well, supporting overall growth. The strong performance boosted investor confidence, leading to gains in the company’s share price.
The results highlight Mahindra’s growing market strength and improving production efficiency.