SML Mahindra commercial vehicle sales rise 10% in July, exports jump 74%
New Delhi, August 8
SML Mahindra Limited, formerly known as SML Isuzu Limited, reported a 10.2 per cent rise in commercial vehicle sales in July 2026, while exports jumped over 74 per cent compared with the corresponding period of the previous year, according to a stock exchange filing.
The company sold 1,521 commercial vehicles in July, up from 1,380 vehicles in the corresponding period last year, the filing showed.
Production also increased during the month. SML Mahindra produced 1,458 commercial vehicles, compared with 1,311 vehicles in the year-ago period, marking a growth of about 11.2 per cent.
Exports recorded the sharpest increase among the three operational indicators. The company exported 82 commercial vehicles during the month, compared with 47 vehicles in the corresponding period last year, translating into a rise of about 74.5 per cent.
The July numbers indicate higher activity across production, domestic and overseas sales, with the increase in exports significantly outpacing the growth in overall sales and production.
— ANI
Reader Comments
Happy to see SML Mahindra performing well. However, the export numbers are still quite small in absolute terms (only 82 vehicles). We need to focus on scaling up much more aggressively to compete with global players. The domestic growth of 10% is decent though.
Finally some positive news for the auto sector! The infrastructure spending by the government is clearly helping. Let's hope this trend continues for the rest of the financial year. 💪
Impressive performance! The fact that exports grew at 74% while overall sales grew at 10% shows the company is finding new markets. This is exactly what we need for economic growth - looking beyond domestic markets.
Production growth of 11.2% alongside sales growth suggests efficient inventory management. Also, the fact that Mahindra is maintaining the legacy of SML Isuzu while rebranding is noteworthy. Good strategic move for the company.
Good numbers but I worry about the political situation in neighboring countries affecting exports in the future. Our government needs to maintain stable diplomatic relations to sustain this export growth trajectory. Otherwise these gains could easily reverse.
Solid performance across all metrics. The 10% domestic growth shows steady demand in the Indian market, while the export surge demonstrates
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