Shares of Mahindra & Mahindra Ltd (M&M) on Tuesday, July 1, jumped 1.09% to hit an all-time high of ₹3,218 per share on the National Stock Exchange (NSE). However, it closed 0.23% lower at ₹3,176 per unit. This comes after the carmaker reported a 14% year-on-year (YoY) rise in its total auto sales to 78,969 units in June 2025.
In the month under review, the automaker sold 47,306 utility vehicles in the domestic market segment (including exports), an 18% YoY rise from 40,022 sales in the same month last year, M&M said in a regulatory filing.
“Domestic sales of commercial vehicles stood at 20,575,” M&M said. The company sold 8,454 three-wheeler vehicles, including electric three-wheelers, in the domestic market, a 37% year-on-year increase from 6,180 in June 2024. However, its total exports grew marginally to 2,634 from 2,597 units.
Commenting on June sales, Nalinikant Gollagunta, CEO, Automotive Division at M&M Ltd, said: “In June, we achieved SUV sales of 47,306 units, a growth of 18%, and total vehicle sales of 78,969 units, a growth of 14% over the same month last year. The quarter ended on a very positive note for us, marking the highest ever quarter for SUVs.” M&M Tractor Sales in June 2025 Tractor sales in the domestic market stood at 51,769 units in June 2025 as against 45,888 units in June 2024.
This was boosted by cash flow from Rabi crop harvesting and widespread arrival of monsoon in most regions, the company said. The automaker exported 1,623 units of tractors in June 2025 as against 1,431 units in the same period a year ago.
“With better long-term rainfall this month, land preparation activities for the upcoming Kharif season are getting well supported. Record foodgrain production, especially rice, wheat, pulses as well as various government initiatives to improve farmers’ income are expected to boost tractor demand in the coming months.” The total market capitalisation of M&M Ltd as of July 1, 2025 is ₹3.95 lakh crore.
